Replies to This Discussion

Permalink Reply by Hoosier Daddy on August 29, 2008 at 12:12

Wow, indeed. (and agree with your comment re Sarah Palin)

Anyone else have any info/thoughts on this?

Permalink Reply by Mud Man on August 29, 2008 at 12:13

I doubt it is 300' of Haynesville shale though. It is probably a combination of the Bossier and Haynesville. Not much seperates these two (just a stringer of limestone) and their appearance is the same . Will be interesting to see the depths of the perfs and then we'll know one formation or more.

Permalink Reply by Hoosier Daddy on August 29, 2008 at 12:17

This has been discussed on another thread, but shale is shale, right? Does it matter if the 300' represents only Haynesville or a combination of Haynesville & Bossier?

Permalink Reply by Hoosier Daddy on August 29, 2008 at 12:52

Thanks, Jay. If this information is true, when would it be confirmed?

Permalink Reply by Denise on August 29, 2008 at 13:25

So , is the haynesville shale thickness in Louisiana on average 300 ft or less, or does anyone know? How about the Elm Grove well that is making millions? Anyone know it's thickness?? I have never read what is the lows or the highs? Can it be measured only after the well is punched? Pardon my ignorance, but that's how dummy's learn...

Permalink Reply by Father of the Year on August 29, 2008 at 13:36

From a Comstock earnings call in May:

"the Haynesville thickness appears to range from 190 to 300 feet"

Petrohawk's 6-2-08 map showed info for three wells in Caddo, Bossier and Red River Parishes with shale thicknesses of 195', 228', 148', respectively.

Because we're supposed to be on the fringes, I was hoping Messenger would show at least 100'. Based on all this info, 300' would be VERY good news for those of with unleased acres in Northwest Natchitoches Parish.

Permalink Reply by CMI A1 on August 29, 2008 at 16:24

Permalink Reply by Two Dogs, Pirate on August 29, 2008 at 13:47

You ain't no dummy Denise. Just don't get suckered in by what the posters post. There is no straight information on any of the Sabine or Natchitoches wells. I have heard of production rates of 60 million a day on the two wells around Pleasant Hill and Belmont in Sabine Parish but you got to take that with a grain of salt. Am I going to say that they are crazy, no. I thought that when people around Castor told me that the Kings Dome well could do 40 million a day, it did over 30 million at first production. Just lay back and see what the figures are when they do post production from the wells.

Permalink Reply by Les Bamburg on August 29, 2008 at 17:38

Denise, most of the publicly released well information shows Haynesville Shale thickness of ~ 150' to 250' net. The Elm Grove Plantation #63 Well was 228' net. Yes, you have to drill and log the well first to know the true net thickness of Haynesville Shale. No dummy's here, just wise people seeking information.

Permalink Reply by Rob Jordan N1 on September 3, 2008 at 10:31

ok - dumb question...Just how is the data on well production gathered? Does the O&G Company do it? If so, is there an "audit" by the State? Does the State send someone out? What stops O&G from under reporting every single day and how would the State know any different??

Permalink Reply by Lrb2brnot2b on September 3, 2008 at 11:19

I am like you , I wouldn't trust the o/g if it was left up to them. But, I am sure of one thing, The tax man is gonna get his. I'd bet the state has their own men verifying the actual production results.
lrb2

Permalink Reply by Big Oil on September 3, 2008 at 16:29

The oil and gas operator usually measures the gas near the well head. The gas is usually delivered into a gathering system (a small pipeline usually owned by the oil and gas operator) which ends up at a pipe line tap on a large pipeline that is owned by another company. This company is very careful in measuring the gas at this point. It must be delivered into this pipeline with very strict quality standards. The oil and gas operator sells the gas to this third party pipeline and both parties strive to make this gas measurement very accurate. The oil and gas operator uses the individual well measurements to verify the accuracy of the gas that is measured again at the pipeline sales point.
The State of Louisiana collects taxes on this gas and keeps up with the reporting of the oil and gas operator and the pipelines that that gas flows through. All this gas must balance.
There is not much chance for fraud in this area unless the oil and gas operator and the pipeline company are one and the same company. Almost always, the pipeline company is a third party.
Hopefully, this will ease your fears.

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