Replies to This Discussion

Permalink Reply by George Willey on July 27, 2011 at 11:15

Do you know if this drilling rig's next location will be Section 32 to drill the Blakenship location?

Permalink Reply by Les Bamburg on August 8, 2011 at 2:39

George, XTO has the following two permitted well locations in Natchitoches Parish so either one could be the next location for the drilling rig.  The Blankenship well will have a surface location in Section 32 but is planned to produce from Section 29. 

 

XTO, Powell 15 #H1 Well, Serial #243639, S15-T10N-R10W

XTO, Blankenship 29 #H1 Well, Serial #243466, S32(29)-T10N-R10W
  

 

Permalink Reply by Bob Ballard on August 6, 2011 at 4:49

George Willey, A bore site has been staked, and pad construction is in progress,  1/4 mile north of Birdwell 22H #1 adjacent to Hwy 487.  Not sure if it's in S15 10-10 or not. But I'm guessing that it is.   

Permalink Reply by Skip Peel - Mineral Consultant on August 6, 2011 at 5:08

The well was permitted by XTO yesterday.

 

243639

HA RA SUKK;POWELL 15 H

001

05-AUG-11

X004

015-10N-10W

7870

SAN MIGUEL CREEK

20000

Permalink Reply by Les Bamburg on August 8, 2011 at 2:45

Bob, yes - that surface location is a 1000+ ft north and is in Section 15.

Permalink Reply by L. Pamela Walker on August 16, 2011 at 10:36

To Les or Skip. I am still trying to determine the amount of acres in Sec 22 T10N R10W for the Birdwell well. I found the formula to calculate my interest based on 25% royalty and 20 acres, but I need to know the overall acreage of the section to complete the formula and estimate my decimal interest. Any help would be greatly appreciated. Thanks

Permalink Reply by Skip Peel - Mineral Consultant on August 16, 2011 at 10:59

Pamela, the field order to XTO covering this, and other units in the vicinity, lists "+/- 640 acres" for Section 22.  There will be a more exact acreage total once a survey is done for a Division Order.  I think the eventual total acres will be slightly different but that you are safe for now to use 640 acres in your royalty calculator.  Just try to be conservative with the variables you plug in and keep in mind that the vast majority of royalty calculators do not disclose what decline factor is employed.  That can make for a large variation in the calculation.  You're welcome and Good Luck.

Permalink Reply by L. Pamela Walker on August 16, 2011 at 11:34

Skip, what is a HA well versus a HK well and how does that effect product rates. The Birdwell well is a HA well. Thanks

 PS Is there an average rate of production for wells in this area?

Permalink Reply by Skip Peel - Mineral Consultant on August 16, 2011 at 12:58

HK is an abbreviation for Petrohawk, it is their stock symbol.  "HA" is the LA. Office of Conservation approved abbreviation for Haynesville Shale wells and drilling units.  There are no completed HA wells in your area and therefore there is no average.

Permalink Reply by Les Bamburg on August 16, 2011 at 16:28

Skip, technically "HA" is for the Haynesville Zone designation associated with units rather than a specific formation since the zone includes multiple formations. 

Permalink Reply by Skip Peel - Mineral Consultant on August 17, 2011 at 0:59

Used to be, Les.  Now the LOC uses HAY for Haynesville Sand.  Here is a recent example of the difference from wells drilled in the same parish and permitted less than 30 days apart.

 

HAY RA SU3;BRALEY 11

001-ALT

19-JUL-10

J101

011-23N-11W

2336

CARTERVILLE

115 00

Permalink Reply by Skip Peel - Mineral Consultant on August 17, 2011 at 1:15

HA RA SUVV;H MONTGOMERY 7 H

001

06-JAN-10

B350

018-17N-10W

8358

SLIGO

17592

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