WorldWide Drilling Resource

34 FEBRUARY 2014 WorldWide Drilling Resource ® Daybreak Oil and Gas Discovers Oil in Kentucky Adapted from a Press Release by Daybreak Oil and Gas, Inc. Washington-based Daybreak Oil and Gas, Inc. announced a new oil discovery in its first well in the Twin Bottoms Field in Lawrence County, Kentucky. TheGerald Grove H-1 well was drilled to a measured depth of 4036 feet and a vertical depth of 1171 feet. Logs and other measure- ment data indicate the horizontal section of the well bore encountered 2588 feet of oil-bearing sandstone. Production casing has been set and the well will be completed for production and testing as soon as possible. The rig is set to drill the next well of the compa- ny’s Kentucky drilling program, the Dillon H-6 well. The company and App Energy, LLC, the operator, plan to drill up to five more wells before the end of the year. Daybreak Oil and Gas, Inc. is an in- dependent oil and gas company engaged in the exploration, development, and pro- duction of oil and gas in California and Kentucky. The company owns a 25% working interest in approximately 6100 acres under lease in the Appalachian Basin in Lawrence County, Kentucky. James. F. Westmoreland, president and CEO of Daybreak Oil and Gas said, “Our initial success in Kentucky is an important part of the execution of the company’s business plan, which is to generate a sustainable base of cash flow that will allow the company to further expand its business in both California and Kentucky. We expect the initial pro- duction rates in the Kentucky wells to be significantly higher than the California wells, which will take our cash flow to a new level. We are also very pleased with the performance of the wells drilled during our spring drilling program in California, and look forward to continued success as we drill more development wells this fall.” Daybreak also owns a 3-D seismic survey encompassing 20,000 acres over 32 square miles with approximately 13,000 acres under lease in the San Joaquin Valley of California. Will Natural Gas Flows and Prices Shift over the next Decade? Adapted from Information by Bentek Energy ® According to Bentek Energy ® , the natural gas and oil analytics unit of Platts, shale-driven production growth in the northeastern U.S. and soaring demand from the southeast will turn the nation’s traditional south-to-north and west-to-east pipeline natural gas flows and prices upside down. “Based on our latest modeling, the U.S. is embarking on a true sea change,” said Rocco Canonica, Bentek Energy director of energy analysis and lead author of the ten-year outlook report, Son of a Beast - Utica Triggers Regional Role Reversal . “The northeast is poised to switch from the nation’s largest de- mand region to a net supply region, and the. . .south- east is racing to become a much larger net demand region af ter being a major supplier to the U.S. gas market.” The 114-page report says more than one-third of the U.S. natural gas production increase from 2013 to 2023 - or 9.1 billion cubic feet per day (Bcf/d) - is expected to come from the Utica and Marcellus Shale Formations in the north- eastern U.S., while nearly half of U.S. demand growth, or 9.4 Bcf/d, is expected to occur in the southeast over the same period. “This will contribute to making the southeast a premium market relative to most other regions, pulling increasing amounts of gas from the northeast, Texas, and the midcontinent,” said Tony Sweet, Bentek Energy senior energy analyst. Bentek predicts a 9% rise in natural gas prices by the end of the decade at Henry Hub, a key North American hub and pricing reference. Additional take- aways from the report include: • Natural gas flows to the northeast from other regions to drop. • The l iquids-rich shale plays of Texas and the midcontinent to con- tribute about 44% of the expected U.S. natural gas supply growth over the next ten years. • Total U.S. natural gas demand to rise 27% over the next decade, while U.S. supply to climb nearly 38%. • Substantial reconfiguration and re- purposing of the U.S. natural gas pipeline grid. The report focuses on supply and demand fundamentals and highlights market changes for more than a dozen natural gas production basins. Here are some unique uses for sodium bicarbon- ate, better known as bak- ing soda: Teeth Whitening - Forget those expensive teeth whitening products. The most natural way to whiten your teeth is to dip your toothbrush into some baking soda when you brush. Got dentures, partials, or retainers? Use a baking soda soak of 2 teaspoons dissolved in warm water to loosen food particles and neutralize odors. You can also brush appliances clean with baking soda. Clean your toothbrushes thoroughly by soaking them in a mixture of 1/4 cup baking soda and 1/4 cup water overnight.