So my in-laws all live in the Shiner/Moulton area and there's been no shortage of rumors and tales surrounding Geosouthern's Welhausen well just east of Shiner. I believe that well was spudded in early March and the rumors are flying around that the well was a dud. Everything is moved off location and that rig (Unit's Rig #324) has now moved about 5 1/2 miles southwest to Geosouthern's Stefanie Unit #1.
What, if anything, does anyone know about this. I've heard everything under the sky on what happened but I would like to know concrete details. I doubt that if it were simply a dud that they would pick up and drill a couple miles southwest of there and spend millions more in relatively close proximity to the Welhausen well. My guess is they may bring in a workover rig at a later date and that they may have run into some problems downhole.