Jere, QEP's modified testing program is not really price driven. QEP (and some other operators) are producing the wells intially on a smaller choke to keep the rate flat for several months and minimize the pressure drawdown. The objective is ti maximize total gas recovered from the well.
There are no additional Haynesville Shale wells permitted for Section 11 at this time.
Would the process that you are describing make the well produce for a longer time, at a more steady, lower # of MCF's ? If that is correct, do the wells which are on a larger choke size, producing 20+ MCF's not produce the maximum amount of gas possible?
Missy, the QEP process produces the well at a lower rate initially but this results in a lower decline rate and higher flowing pressure in the first 1-2 years. QEP believes the well will have a higher recovery over the well life as the lower initial decline rate would more than offset the lower flow rate.
I check with the Questar man monthly about production and for the past few months it has been 5.6 million per day. Any reason for this? Also, the well has been online since mid June and we haven't received a check yet, when should we get one? Any news about more wells in this section?
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More