Replies to This Discussion

Permalink Reply by Coonman on October 6, 2009 at 8:00

I see over in Texas across the stateline half a mile south of Caddo lake and 1 west of the stateline Blue Diamond rig #102 is drilling 17000 ft and four mile south of that they are drilling another differrent rig on Haydads property

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Permalink Reply by Terry L. Antee on October 19, 2009 at 7:49

Does anyone know about the Endeavor Energy Resources 27H Wickett etal well in sec. 22 T19N-R11W Bossier ph, Bellevue fld. It is not listed on SONRIS but is in the Sunday paper.

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Permalink Reply by The_Baron on October 19, 2009 at 8:28

give it a day or so to show up on SONRIS.

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Permalink Reply by wlt on October 20, 2009 at 3:07

Endeaver also has a well permitted in section 27. They have applied for units in both sections.

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Permalink Reply by Catfish on October 20, 2009 at 5:58

wlt, is endeaver going to drill horizontal?

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Permalink Reply by The_Baron on March 3, 2010 at 8:42

both wells are permitted as horz. wells. I imagine they will wait on the results of the first well before drilling a second.

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Permalink Reply by The_Baron on March 3, 2010 at 8:41

Endeaver is currently drilling one of these wells, I will be suprised if it pans out.

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Permalink Reply by Catfish on March 4, 2010 at 3:29

Baron is endeavor capable of making a good well or do you think the shale is not that good?

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Permalink Reply by Paul Lawrence on March 4, 2010 at 2:59

Chesapeake has permitted to expire a lease on 68 acres I own in Secs 13 & 14-T18N-R12W north of 1-20. Part of this is in the section adjoining the Chesapeak HA RA SUL Conger 15-18-12H well (Serial #239947). This may not be a good sign for those of us with acreage north of 1-20. On the other hand, as I indicated in another post, there are a couple of wells on the NE flank of the Haynesville reservoir that have potentialed 5 to 7 million cubic feet per day. This certainly doesn't compare favorably with the top 60 wells over 20 MMCFG, but it's still respectable.

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Permalink Reply by Skip Peel - Mineral Consultant on March 4, 2010 at 3:08

Paul. The producing wells you mention are not economic at current nat gas prices. Though the reported initial production is better than most of the wells north of I-20, please look at their current monthly production of SONRIS Lite. The problem is one of well cost versus income from production. The horizontal wells you mention cost the same to drill as the horizontal wells further south. Until there is a significant rebound in price, there will be few HA horizontal wells north of I-20. My concern is that some companies with no other leasehold prospective for the shale will drill vertical wells to hold existing leases in force.

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Permalink Reply by Catfish on March 4, 2010 at 3:40

Well I guess with chk letting leases expire in 18n 12w the conger well probally ain't that great. Another thing, the east 80 group had a large membership in that area. Maybe they couldn't get enough acreage leased. The good news is the shale is there and hopefully the price of gas will go up enough to make it profitable to produce.

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Permalink Reply by Les Bamburg on March 4, 2010 at 4:14

Paul, I would not be too concerned about Chesapeake letting a lease expire as this has happened in other parts of the play also.

For Chesapeake, they simply have too much acreage left that is not held by production and must prioritize their focus based on multiple factors with economics being only one of those.

There have been some good wells drilled north of I-20 so it is too early to draw any conclusions. It was not that many months ago that some people were trying to write off the Texas part of the play and now look at the activitiy and success that is occurring in that area.

It takes time for operators to decipher the best designs for each part of such a large uncoventional natural gas play. Eventually there are going to be a few (Devon, EOG, Exco, etc ???) that crack it and activity will likely pick back up in the northern part of the play - especially as most of the play begins to be held by production.

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