Mike, The spring is named Santa Rosa Spring. Here is a screen shot of the spring taken before the spring stopped flowing. According to Schuyler Wight, over flow from the spring fed a 40 acre lake that also dried up. (You could fish too). This is all private property so many people are not aware of the existence of these springs (me included). According to Schuyler, at one time, 42 such springs existed in Pecos County. The most famous spring is Comanche Springs in Fort Stockton which dried up because Clayton Williams began an intensive pecan and cotton farming operation in Belding Tx, Pecos county just west of Fort Stockton. All of these springs are now dry due to O&G operations and of course some influence of drought conditions and perhaps farm irrigation. I want to be careful here becasue I am not a hydrologist. In Texas the "rule of capture' applies to water mining so there is no recourse to the adjacent owners. According to Schuyler, a certain prominent Midland operator purchased an offsetting adjacent section of land to Santa Rosa spring and began mining fresh water in 2019. You can see the operator's tank battery from the dried up Santa Rosa spring. Various operators have bought sections of land in various locations around Pecos County to mine the water for oil and gas operations. https://waterdata.usgs.gov/monitoring-location/08437000/#period=P1Y&showMedian=true https://www.nature.com/articles/s41598-018-23143-6

I just spent Thursday with the staff of Commission Shift and a handful of other concerned citizens, including Texas legislator Vicki Goodwin (D). https://commissionshift.org/news/ . We toured Lake Beohmer, Schuyler Wight's ranch to see a dried up artesian oasis/spring in Pecos county thanks to a prominent pure play Permian unconventional operator and looking at many, many unplugged wells dating from the 1920s-1930s. We saw a 100' deep sinkhole adjacent to FM 1053 that is still sinking and will cost an estimated $35 MM to relocate FM 1053 away from the sinkhole. I encourage everyone to evaluate "Commission Shift" to determine whether or not it is an organization worthy of your support. And to please be on the lookout for Rep Vicki Goodwin in her upcoming legislative race. I am opposed to most of her social positions but I think she is on the right path in regard to the TX RRC. Note: Vicki is a long time friend of my wife. Vicki is very thoughtful and I think an effective representative. She is worth our support if she takes up our issues. John

I already sent this to Mike but this seems like a good place to put a link up to a NoviLabs twitter (X) post. This is a pretty unbelievable assertion by Ted Cross that the Permian can withstand -$12/mcf if oil holds at $80/bo. Dallas Fed surveyed operators recently and break even costs are surging higher. With the Biden admin needing lower prices heading into the election something has to break. https://x.com/tedcross/status/1785676001487265892

I had not considered that possibility Mike. If you are correct there are a lot of pipelines in trouble out there: I just found out that you can download RRC maps by county and layer of data: https://www.rrc.texas.gov/resource-center/research/data-sets-available-for-download/#digital-map-data-table

Anne. I am hearing rumors about a lot of shut-in gas well over the Permian basin this weekend. Is it because of the 2 pipelines rupturing in Ward County? I think Bloomberg might have a story out about the pipelines causing WAHA to collapse and negative -$3.00 NG prices. 2 pipeline ruptures at once? Are we seeing a "boeing" effect in the field now? https://www.newswest9.com/article/news/local/as-seen-on-tv/breaking-news-fire-continues-in-monahans/513-fb24055c-1fc2-40cb-b523-66f699ff61c3 https://www.cbs7.com/2024/04/26/fireball-seen-near-pecos/ John

Anne, Thank you. I think there have been some differences in opinion of the OIP in the Barnett, but overall I think you are correct. About 18 months ago, a non-operator in an Ares Energy well in Ector Co. told me the Barnett was very thin and you had to be very careful to stay in the section but he thought their wells would cum 1MM BO. I asked, "you mean BOE?" and he said, No. Oil." Needless to say, I can't find the well on NOVI.

Mike already knows that I have been working on a Barnett project with a very well known petrophysicists. We moved on to other projects, because his evaluation could not put enough reserves in the acreage/well. Mike, I have been meaning to hollar at you but I have been busy. There has been a lot of promotion this year into the Permian Barnett and there will be a lot more. BUT . . . the primary area (Ector/Midland county boundary) is characterized by small, industrial, and commercial OFS businesses, and residential tracts consisting of single mobile homes, mobile home parks, very modest homes and very large homes. Almost all of the residential lots are fenced and the commercial industrial lots are paved. Coincidentally, this acreage is also in West Odessa, Tx. West Odessa I'm told, is the largest unincorporated area in Texas. And, I also know that it is home to the Texas militia and at least 2 mass shooters. No one knows how many people live in West Odessa. There are no city services provided except perhaps ambulances. And I haven't even started to talk about title issues in Ector County. Lets just say, to quote Alex Baldwin . . ."Its complicated". FANG has most of the Barnett acreage draped over the Ector/Midland County borders because of its acquisition of Firebird Energy in 2022. Most of this stuff looks HBP to me, nonetheless, FANG still has to locate well sites, pipelines and source water and SWD infrastructures and permit wells. It can be done, patiently. Which may account for the very few wells drilled and completed in the Barnett since the Firebird deal closed. You can faintly see the boundaries of the counties and Odessa is the SE part of Ector County. Looks like the Endeavor acquisition bolts on nicely with the Firebird acquisition. Good for FANG! The point here is that the most talked about Barnett acreage is not a 3-5 year drill and flip project even if the economics worked. I suspect that PDPs were booked with the Firebird deal and that must have some benefit for FANG for some period of time. But that is another discussion by others more qualified than I. FANG operations may leave a little to be desired in an Urban environment such as West Odessa. FANG usually likes fresh water more than recycled water and I am told routinely dumps flow back fluids and produced water on the surface when faced with operational issues rather than truck it away. These practices may not sit well with the Texas militia. What do you think Mike? But as for me and my landman logic, If th Permian Barnett is any good why didn't Industry drill it between oh say around 2022? I don't think this meme is going to age well for Ted.

Thank you for a very informative post Anne!