Replies to This Discussion

Permalink Reply by Les Bamburg on February 16, 2010 at 17:52

SB, how about some Hosston & Smackover thrown in as lagniappe!!!

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Permalink Reply by Spring Branch,mineral owner on February 17, 2010 at 8:20

I'm game, Les.......keep our cards and letters coming!

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Permalink Reply by BirdDawg, plain ole' idiot on February 17, 2010 at 3:28

Collella,
Due to your extraordinary wisdom, surely you will take Spring Branch up on his offer.
I will tell you one thing, the steam goes out of a CV much quicker that a Haynesville.

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Permalink Reply by Bacon on February 17, 2010 at 3:42

Hey Gentlemen, Don't hate on the CV just yet. These are production figures for a STR Horizontal CV well - 10/09 - 149105, 11/09 - 242897, 12/09 - 166962. In the STR Q4 call, they expect 3 - 5B EUR from these wells.

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Permalink Reply by Spring Branch,mineral owner on February 17, 2010 at 8:35

Remember, horizontal Cotton Valley wells were going to be the next big thing in the area until horizontal Haynesville wells came along. Many prospective areas are still ouit there waiting to be developed, like the Thorn Lake and Swan Lake Fields, for example. I'm glad Questar and El Paso are still drilling a few to remind us how good they can be! b They should still be drilling them during my grandkids' lifetimes, unless the Pres outlaws natural gas.

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Permalink Reply by Dion Warr, CPL on February 17, 2010 at 5:22

James:

Let's not forget that in more than a few areas of the HS fairway where the lack of infrastructure precluded economic development of the Hosston, Cotton Valley, and Lower Cotton Valley in the past, HS will augment development of those zones. You only have to pay for the infrastructure once.

Additionally, the infrastructure that is going in will be built to higher carrying capacity, which would further eliminate production bottlenecks at the HS and shallower zones. Wells can be choked based upon open flow vs. pressure maintenance concerns, and less based on managed capacity issues.

Finally, with these wells drilled through these zones, the wells can generally be perfed at the shallower zones and commingled so long as ownership is identical in area and extent once the pressure gradients are more in line with each other (after some of the initial HS overpressure has bled off), which can further augment production. You only pay for the borehole once. The additional cost in perfing and downhole retooling is small compared to the completion of the initial wellbore.

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Permalink Reply by Spring Branch,mineral owner on February 17, 2010 at 13:06

Nice to hear from you again, Dion Warr. Good points, as usual.

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