Replies to This Discussion

Permalink Reply by JHH on October 4, 2012 at 1:33

In plain language... what does all of this mean?

thanks

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Permalink Reply by jffree1 on October 4, 2012 at 1:53

dbob, what did you link to?  It looks like the link has a problem (404 error).

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Permalink Reply by JHH on October 4, 2012 at 2:01

the link takes you to the TX RRC page for the well.  But i still need some translation.  you might need to cut and paste it.

thanks

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Permalink Reply by JHH on October 4, 2012 at 2:03

dbob... sorry, i tried it again and it went to error.  i wonder what happened.  Maybe it was double secret stuff that operators pay for and us regular folk don't get to see.

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Permalink Reply by jffree1 on October 4, 2012 at 2:07

JHH, we'll have to come back to this after 11:00 'cuz we are locked out now.  

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Permalink Reply by jffree1 on October 4, 2012 at 2:13

Except... I got some of the reports before they shut me down.

Attachments:

• 365-37852 G-1.pdf, 26 KB
• 365-37852 G-5.pdf, 4 KB
• 365-37853 G-5.pdf, 4 KB

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Permalink Reply by dbob on October 4, 2012 at 14:03

Ok - For the record, on one of the two wells, there was a typo instead of "gals" of water (gallons) it looked like "glas" (like glasses of water).  Maybe someone will report water use in kegs?

The 53HH reported 139 bbls of condensate, 5406 mcf, at a flowing pressure of 4135 psi

The 54HH reported 156 bbls condensate, 5478 mcf, at a flowing pressure of 4515 psi.  I'm on a slow computer right now and can't upload the G-1 or G-5 but at least in Anadarko's operating footprint, they seem to have a resource worth chasing at current pricing.  

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Permalink Reply by Skip Peel - Mineral Consultant on October 4, 2012 at 14:11

dbob, are there other operators duplicating Anadarko's completion results?  Do you think they are landing their laterals in a different interval of the HA than the first horizontal completions that were sub-economic in Panola?  Can you post monthly production on one of the APC wells that has been producing for an extended period of time?  How's the decline look?

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Permalink Reply by dbob on October 4, 2012 at 14:29

skip,

To my knowledge, no other operator is having the same results as Anadarko.  The production reports for the most recent month (july) available shows no haynesville condensate and about 2400 bbls of Cottonvalley condensate, so maybe the "success" is only in the completion report.  It did not merit a mention in the most recent Anadarko presentation 

http://www.anadarko.com/Investor/Pages/Presentations,Item.aspx?even...

Based on pressure, I think they are landing a little shallower than other operators.

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Permalink Reply by Skip Peel - Mineral Consultant on October 4, 2012 at 14:39

Thanks.  Looks like Anadarko is about to drill some CV/HA horizontals here in north Caddo.  I was wondering about the economics.  Their last presentation did seem to highlight their new and/or increased  NGL take away capacity in Panola. Page 14.

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Permalink Reply by Skip Peel - Mineral Consultant on October 5, 2012 at 2:33

Jay, the completion reports for the handful of HA completions in the area of the APC drilling units show little or no liquids.  The interval was said to be approximately 300' thick in early press releases by operators actively engaged in development and I presume that the fracs on those early wells basically covered that total thickness.  I'm just puzzled at what APC could do differently that would increase liquid production and make economic HA wells.  Every time I come to that conclusion I suspect that the real target is not the HA but one or more shallower zones.  Bossier or CV based on the field order depth definitions for the HA in that part of the world.  APC should have 6 units approved prior to the end of this month and maybe then we will see a well permit or two.  I wish them success.

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