Replies to This Discussion

Permalink Reply by dbob on August 15, 2011 at 14:03

Skip,

 

Thanks - haven't looked yet, but have you noticed anything that makes these special, in terms of location, productivity of the other wells in the unit, etc?

 

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Permalink Reply by Skip Peel - Mineral Consultant on August 15, 2011 at 14:09

I haven't looked either.  The Bethany Longstreet Field has been an area of focus for Chesapeake since the very early days of the Haynesville Play.

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Permalink Reply by Spring Branch,mineral owner on August 15, 2011 at 15:41

Their first Alternate Unit wells will be in Sections 2, 3, 4, 9, 10, 11, 14, 15,  & 16, T14N, R15W., Caddo & DeSoto Parishes.  Both Centerpoint & Energy Transfer have large interstate pipes very close by.  Additionally, Chesapeake has a 20 acre compressor station in the middle of these nine sections.

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Permalink Reply by Spring Branch,mineral owner on August 15, 2011 at 15:45

I am also hearing that they plan to drill Bossier wells on some or all of the 9 sections.

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Permalink Reply by dbob on August 15, 2011 at 15:47

So I guess the story is location! location! location!

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Permalink Reply by Skip Peel - Mineral Consultant on August 15, 2011 at 15:52

Or infrastructure, infrastructure, infrastructure.  It is hard to imagine a gathering system capable of serving that many wells on flush production in a relatively limited area.

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Permalink Reply by Skip Peel - Mineral Consultant on August 15, 2011 at 15:49

SB, it will be interesting to see an EUR projection for a unit with all allowed alternate unit wells for both formations.  As your friend might say, Now that's some GAS!

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Permalink Reply by Zydeco on August 15, 2011 at 17:38

What are unit alternate wells ?   If ya'll would be so kind to explain.  please.

 

thank you in advance. 

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Permalink Reply by essay on August 15, 2011 at 18:25

alternate unit wells are the "infill" wells drilled after the unit is created with the first well

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Permalink Reply by Henry on August 15, 2011 at 23:47

I sure hope that whoever got stuck with the 20-acre compressor station didn't sign the standard lease and get nothing in return for giving up 20 acres.  That would sure stink.

 

Additionally, CHK has plans for another 9-section block in Sections 13, 14, 15, 21, 22, 23, 26, 27, & 28 of T10N, R13W.

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Permalink Reply by Spring Branch,mineral owner on August 16, 2011 at 2:09

She sold the 20 acres for $20,000 per acre.

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Permalink Reply by Spring Branch,mineral owner on August 16, 2011 at 2:09

I have no idea why it printed this response more than once or how to get rid of the duplicate response.

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