BPX's two new wells -- HA RA SU54;TAYLOR 26-23 HC 001-ALT and 002-Alt - GoHaynesvilleShale.com2024-03-29T00:45:04Zhttps://gohaynesvilleshale.com/forum/topics/bpx-s-news-wells-ha-ra-su54-taylor-26-23-hc-001-alt-and-002-alt?groupUrl=bossierparish&commentId=2117179%3AComment%3A4022271&groupId=2117179%3AGroup%3A1021&feed=yes&xn_auth=noI guess it's just the cost o…tag:gohaynesvilleshale.com,2022-05-11:2117179:Comment:40222782022-05-11T14:27:36.003ZJesse Joynerhttps://gohaynesvilleshale.com/profile/JesseJoyner
<p></p>
<p><strong>I guess it's just the cost of doing business. Never easy, but kinda rare in the Elm Grove Field. Yet they're big boys. They can suck it up and try again, having learned from their lesson on the P&A.</strong></p>
<p></p>
<p><strong>Maybe Rock Man or another expert will chime in and explain what happened on the 001-Alt well. Could've been a mechanical screw up or an equipment failure.</strong></p>
<p><strong>Or maybe operator failure, as in an employee pushing the wrong…</strong></p>
<p></p>
<p><strong>I guess it's just the cost of doing business. Never easy, but kinda rare in the Elm Grove Field. Yet they're big boys. They can suck it up and try again, having learned from their lesson on the P&A.</strong></p>
<p></p>
<p><strong>Maybe Rock Man or another expert will chime in and explain what happened on the 001-Alt well. Could've been a mechanical screw up or an equipment failure.</strong></p>
<p><strong>Or maybe operator failure, as in an employee pushing the wrong button at the wrong time, maybe.</strong></p>
<p><strong>In other words, I'm hoping BPX doesn't give up on our location. We very much want to have a couple of more wells drilled within the next year, while NG prices are elevated.</strong></p>
<p><strong>Also, since BPX is so heavily connected to the geopolitical state of affairs in the UK and Europe, I'd assume that they have a special incentive to produce as much NG as possible and send it across the pond via LNG.</strong></p>
<p></p>
<p></p>
<p></p> Completing an economic Haynes…tag:gohaynesvilleshale.com,2022-05-11:2117179:Comment:40222712022-05-11T13:50:04.512ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Completing an economic Haynesville horizontal well is a challenge, with risks. They don't all work out. There goes ~$10M down the drain.</p>
<p>Completing an economic Haynesville horizontal well is a challenge, with risks. They don't all work out. There goes ~$10M down the drain.</p>