Replies to This Discussion

Permalink Reply by Charles Bowman on September 30, 2008 at 17:48

Please go to the local library or online and read information on oil and gas geological formations. There may be areas in the HS that may produce in one section and not in the section next to it because of faults and natural changes in the formation. Usually the leasing and drilling slows down during the last quarter of the year because of budget constraints set the previous year. Also the availability of equipment may slow companies down on leasing, why spend money on leases now when you can't get the equipment to drill anyway. The land and gas is not going anywhere and the lease prices are high enough to keep the small independents out of the market. Things should pick up again after the election.

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Permalink Reply by Caroline B on October 1, 2008 at 0:35

Thank you kindly for the advice but with a job and two active children I don't have time these days to go to spend lots of time reading up on oil and gas geological formations. I had just not heard that before and was wondering if anyone could confirm that.

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Permalink Reply by Tom Bennett on October 1, 2008 at 4:39

KB what county was that Texas well in.

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Permalink Reply by Tom Bennett on October 1, 2008 at 9:31

Thanks, I appreciate it.

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Permalink Reply by Grice on October 1, 2008 at 0:55

With the advancements of technology, the likelihood of drilling a dry well is decreased. This is not to indicate that it is entirely avoidable, but simply less likely to occur. With the HS being in its infancy, many wells are being placed in strategic locations. For a new well in the HS to hit a dry spot, would indicate the operator has not done the proper research of the location. Due to the cost associated with drilling a well, It would be hard pressed to think an operator would be so careless as to drill in unknown territory.

Caroline, could you ask your friend to give more specific information, primarily a well serial number, or even narrow it down to a particular section. Thanks.

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Permalink Reply by Susie Brown on October 1, 2008 at 1:02

I have talked to several land people with different energy companies. All had the same response when I asked them if one section would be good and another section dry. Their responses: The Haynesville Shale is like an OCEAN of gas underneath the earth, NOT creeks or rivers. It will have a western, eastern, northern, and southern boundary. In between there will be gas. Some areas will have more, but within the boundaries designated, all areas have the gas.

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Permalink Reply by Grillin' - MmmMmm on October 1, 2008 at 1:44

Susie: not wanting to 'dis' any land men, but if you want to know about the gas under the ground, you need to talk with Geologists, Geophysicists and Engineers. Land guys are the last folks to talk to about technical issues...its not their specialty. In fact, there is a good case to be made to not have land folks fully appraised of the underground treasures. Plausible deniability during negotiations!

I don't fully disagree with what they are telling you but I'm willing to bet a donut that there will eventually be a non-producible well drilled smack in the middle of this "ocean". Statistics say it does happen and will happen. Now, I can't tell you where that might happen!!

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Permalink Reply by Grillin' - MmmMmm on October 2, 2008 at 8:22

What I'm saying is that the land personnel aren't the people who I'd speak to if I wanted to know about the geological formations, how much gas is underground, etc. That's not what they are trained to do. I work very closely with a large team of landmen and none of them would ever try and explain to someone geologic risk, volumetrics, flow capacity, etc. Yes, they are integral parts of the team and land holdings are the key to getting anything done, but they just aren't technical folks with the full understanding of the data.

Now if a land person is negotiating a lease and the landowner asks how much gas do you think is under my land, wouldn't it be better if the land guy/gal could just say "I honestly don't know."?? They would be telling the truth if they stayed out of the detailed tech discussions. On our big land holdings, many times our senior level land folks will go out and try and work with the land owners directly. But these are very large landowners...think ranchholders, multi-millionaire type. For our field brokers, we give them a section of the map that we want, nothing else.

BTW, I don't always vote Republican. Its just there haven't been any viable alternatives in the last several years...like 38 yrs! I did vote for Edwin Edwards because he knew the oil biz and how to get things done...even if his personal issues were pretty nasty. Since him, I haven't seen a Dem candidate who had a lick of conservatism, or good ideas. Most at best are just followers, at worst outright socialists. I really really don't like McCain. Honestly, I would not vote for him if it weren't so bad on the other side. I'd vote for my 20 year old son before I'd vote for "O" or "HillBill". In a choice between bad and gawd-awful, I'll take bad. Putin would be a better choice than "O"...

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Permalink Reply by Martin on October 2, 2008 at 10:31

There hasn't been a Republican president since Ike that was worth a hoot... all of his Republican successors have been disasters.

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Permalink Reply by tom on October 2, 2008 at 14:25

obama what a joke. check out video on youtube , about current housing problem. fannie mae and freddie mac !

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Permalink Reply by CR on October 1, 2008 at 2:15

That is what I was told also. It's nothing like a vertical "gas pocket" well. It's in all the shale in varying amounts, depending on the thickness and formation. Some wells do better than others mainly due to the way the formation was perforated and how well it accepts the fracturing. It's these two procedures that have the greatest impact on how a horizontal well will produce. There have been "dry holes" drilled into the Cotton Valley zone during all this and people think they are HS wells. This could be what has happened.

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Permalink Reply by Les Bamburg on October 1, 2008 at 4:01

Susie, this is consistent with statements by all the major players in the Haynesville Shale. The shale properties and gas content are very consistent within the primary play boundaries with only thickness and depth varying as you move toward the edges. Also there is a minimum of faulting which has been an issue in other shale plays.

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