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Permalink Reply by Checkmateking on November 9, 2009 at 14:26

Doesn't look too good for T. Boone

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Permalink Reply by S.H.M. on November 10, 2009 at 3:14

Are there numbers or have we discussed reserve estimates for the Haynesville Shale. I seem to remember CHK saying (maybe PHK) that they would pull off 85% of well production in the first year.

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Permalink Reply by Dion Warr, CPL on November 10, 2009 at 3:24

S. H.:

Reserve estimates have been discussed widely and periodically on the site. The 85% figure to which you refer would most appropriately refer to the decline rate from IP rate over the first year. This would not translate to 85% of EUR depletion.

Les B could probably give some estimates off the top of his head. I'll have access to some of my decline curve go-bys in a bit, but this is more in his wheelhouse, anyway.

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Permalink Reply by S.H.M. on November 10, 2009 at 3:52

Thanks Dion. I guess I am seeing dollar signs if wells were to last more than 10 years. Of course my focus is single minded (potentials for single wells in my section) and doesn't take into account the life of the entire play. Which I understand is the gist of the link/posting.

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