BP - GoHaynesvilleShale.com2024-03-29T04:37:35Zhttps://gohaynesvilleshale.com/forum/topics/bp?commentId=2117179%3AComment%3A3921475&feed=yes&xn_auth=noMost likely 100% HBP (Held By…tag:gohaynesvilleshale.com,2020-09-01:2117179:Comment:39214962020-09-01T16:32:14.641ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Most likely 100% HBP (Held By Production).</p>
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<p>Most likely 100% HBP (Held By Production).</p>
<p></p> I agree that BP's priority as…tag:gohaynesvilleshale.com,2020-09-01:2117179:Comment:39214522020-09-01T16:30:36.640ZRock Manhttps://gohaynesvilleshale.com/profile/MarkP
<p>I agree that BP's priority as to BHP assets was the Permian Basin where they are trying to solidify their positive and production. I believe that the HV assets they acquired are mostly HBP (but not totally sure of this)</p>
<p>I agree that BP's priority as to BHP assets was the Permian Basin where they are trying to solidify their positive and production. I believe that the HV assets they acquired are mostly HBP (but not totally sure of this)</p> Thanks for your response... tag:gohaynesvilleshale.com,2020-09-01:2117179:Comment:39214342020-09-01T13:25:02.538ZJohn Smithhttps://gohaynesvilleshale.com/profile/1m8m5ryv33rdg
<p>Thanks for your response... </p>
<p>Thanks for your response... </p> You're welcome, John. Do I f…tag:gohaynesvilleshale.com,2020-09-01:2117179:Comment:39214752020-09-01T12:57:59.693ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>You're welcome, John. Do I find it surprising? Only slightly so. I do not think the Haynesville Shale was the focus of the BP acquisition. I think BP was more interested in BHP's Permian and Eagle Ford oily assets. As long as there is no downside to sitting on BPX's Haynesville reserves, I think they will do so. BP does not have the debt service requirements of other Haynesville focused operators. The company can wait until natural gas prices provide a good reason to restart a…</p>
<p>You're welcome, John. Do I find it surprising? Only slightly so. I do not think the Haynesville Shale was the focus of the BP acquisition. I think BP was more interested in BHP's Permian and Eagle Ford oily assets. As long as there is no downside to sitting on BPX's Haynesville reserves, I think they will do so. BP does not have the debt service requirements of other Haynesville focused operators. The company can wait until natural gas prices provide a good reason to restart a development program.</p>
<p></p> Thanks Skip... Do you find i…tag:gohaynesvilleshale.com,2020-09-01:2117179:Comment:39214702020-09-01T12:50:40.182ZJohn Smithhttps://gohaynesvilleshale.com/profile/1m8m5ryv33rdg
<p>Thanks Skip... Do you find it odd that BPX purchased this asset and has not done anything to develop in the Haynesville?</p>
<p>Thanks Skip... Do you find it odd that BPX purchased this asset and has not done anything to develop in the Haynesville?</p> BP doesn't appear to be drill…tag:gohaynesvilleshale.com,2020-09-01:2117179:Comment:39214232020-09-01T11:24:53.194ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>BP doesn't appear to be drilling natural gas wells in either state at this time. BPX has not permitted a Haynesville well in LA since acquiring the BHP assets. The company allowed the pending BHP well permits in 2018 to expire.</p>
<p>BP doesn't appear to be drilling natural gas wells in either state at this time. BPX has not permitted a Haynesville well in LA since acquiring the BHP assets. The company allowed the pending BHP well permits in 2018 to expire.</p>