Replies to This Discussion

Permalink Reply by Henry on January 3, 2011 at 14:30

PDF is posted!  My brain hurts.

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Permalink Reply by FXEF on January 3, 2011 at 14:36

Henry,

Not sure what version of Office you have, but Microsoft offers a plugin that adds pdf support to Office 2007 adding PDF as one of the options in the Save As dialog. That’s probably the most effective way to add support for PDF documents to Microsoft Office 2007.

The plugin can only be downloaded from this link:

http://www.microsoft.com/downloads/en/details.aspx?FamilyId=4D95191...

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Permalink Reply by Linda Whatley on January 3, 2011 at 14:44

Henry,

 

I see on your spreadsheet that some WIOs and UMOs are already receiving checks.  Has anyone provided information on how long it took for the well to pay out, and what the ongoing expenses are associated with their interest? 

 

Linda

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Permalink Reply by Henry on January 4, 2011 at 9:03

The UMOs are still waiting for their wells to pay out. But the EnCana UMO has a gusher combined with fair prices, so payout ought not to be too far away.

 

But you can do the calculation...  For well that costs $9M, if you get $3 for your gas, then it pays out in 3 Bcf.  If you get $4 for your gas, it pays out in 2.25 Bcf.

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Permalink Reply by Jim Cobb on January 4, 2011 at 9:09

Henry

Does the $9M cost include the fracing cost??  I have heard that the cost are running up to $30 to $35M when fracing and tie-in cost are added.  This is what I have heard and please do not put any truth or fact in this as I do not know for sure.

Jim Cobb

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Permalink Reply by Skip Peel - Mineral Consultant on January 4, 2011 at 9:12

Jim, drilling the well is about half of the overall cost.  So ~$4.5M to drill and ~$4.5M to complete (frac).

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Permalink Reply by Les Bamburg on January 4, 2011 at 15:29

Jim, the costs for a typical Haynesville Shale well should be $7.0 to $9.5 million including drilling, completion, fracture stimulation and wellhead facilities.  Formation depth, frac design and operator are factors that impact cost. 

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Permalink Reply by Linda Whatley on January 4, 2011 at 10:53

Thanks Henry.  I was just curious to know if any UMOs had started receiving their portion of income yet, and  how long it took for their well(s) to pay out.......  Might be some good information for those who are undecided about leasing or not leasing.  

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Permalink Reply by Jack Blake on January 4, 2011 at 14:41

What is the estimated total Bcf a typical good HS with a 4000' lateral will produce in it's lifetime?

What is the current number of wells estimated to be drilled in a section to deplete the section of HS?

Does anyone know how many Bossier Shale wells are planned per section in areas where BS is present?

What more do you know about the Bossier Shale in northern Sabine parish.  Jack Blake thinks SWEPI knows both shales are there and are planning to produce both the HS and BS in this area with the pipeline infrastructure that has been installed.

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Permalink Reply by GR BallouPE on January 4, 2011 at 15:04

Jack Blake is.............

............the Socratic Interrogator.

(as in, "ya just gotta ask the Right Questions")

I read, and Learn... Sophomoric Shaler, here.

 

ps:  I have asked Stupid Questions--mercifully ignored!

My clients want "Answers", but may be satisfied with "Responses"

I try to keep it simple (KISS).

--Drill ON!!!

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Permalink Reply by Linda Whatley on January 4, 2011 at 15:09

The KISS method works for me!!!!!

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Permalink Reply by Les Bamburg on January 4, 2011 at 15:25

Jack, based on general information.

 

What is the estimated total Bcf a typical good HS with a 4000' lateral will produce in it's lifetime?

 

Average well should produce ~ 6.5 Bcf over 30+ year life.

 

What is the current number of wells estimated to be drilled in a section to deplete the section of HS?

 

A 640 acre unit (section) requires 8 wells based on 660 ft spacing between the horizontal laterals which is equivalent to 80 acres per well.  

 

Does anyone know how many Bossier Shale wells are planned per section in areas where BS is present?

 

The Bossier Shale should require the same number of wells (8) per section as the Haynesville Shale so where both are present the operator may drill 16 wells total.

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