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Permalink Reply by Bill Wilson on August 1, 2010 at 10:43

Thanks for that assesment! Now I am going to ask a questions that's going to demonstrate my lack of shale knowledge. What is the Bossier Shale? Is Bossier shale similar to to he Haynesville shale or are they different names for the same resource? Second question: if this shale is such a valuable resource it seems as though companies would be actively testing. These are my last questions.

Permalink Reply by Two Dogs, Pirate on August 1, 2010 at 11:51

You have to learn by asking or reading older treads. I guess that asking is quicker but if you will go back and read some older threads you will get an education in the shale.

In places the Bossier sits on top of the Haynesville and I would think in some places could produce more than the Haynesville below it. As the companies drill down to the Haynesville they will test the Bossier and if it looks good will come back and drill a second well into it.

Permalink Reply by Les Bamburg on August 1, 2010 at 14:52

Bill, as TD said the Bossier Shale is a separate formation immediately above the Haynesville Shale. There are portions of the southern area in Louisiana and Texas where both formations will be commercially productive.

Companies have 185 drilling rigs operating in the Haynesville/Bossier Shale so are developing the play at a very rapid pace. In two years the production has increased from almost nothing to over 2.5 billion cubic feet of gas per day. This is quicker than any other natural gas play in the US.

Permalink Reply by Bill Wilson on August 1, 2010 at 15:27

Thanks, folks, for the valuable insights! it appears I have some important home to get done! :)

Permalink Reply by BJ on August 1, 2010 at 11:07

Me too, Les B. I'm ready to see results also.

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