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Permalink Reply by CB on May 6, 2015 at 4:53

What a bunch of BS. If you beleive that, I have a bridge I want to sell you.

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Permalink Reply by Gary Joseph Anselmo on May 9, 2015 at 23:28

If there were no hype and BS, there would be no O&G Business. There will be quite a few buying the bridge.

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Permalink Reply by Keith Mauck (Site Publisher) on May 6, 2015 at 13:17

Where's the bridge :) 

Do you have a thought as to what % it would be?

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Permalink Reply by olddog573 on May 8, 2015 at 5:37

http://www.naturalgasintel.com/articles/102229-chesapeake-decimatin...

From the article:

"Reduced activity but better results is how SVP Jason Pigott, who runs the southern division, described improvements in the onshore. For instance, in the Haynesville Shale, estimated ultimate recoveries (EUR) led to an increase in natural gas-weighted output by 4% year/year. The play straddles the border between East Texas and northern Louisiana.

"Today we can drill wells with 7,500-foot laterals for less cost than we could drill wells with 4,500-foot laterals just a short time ago," Pigott said of the Haynesville. The first two 7,500 foot lateral tests came online in April, with initial flowback averaging more than 17 MMcf/d. “Successful testing of our enhanced completion designs has opened up development in areas that were traditionally written off in both the Haynesville and the Bossier," he noted. Among other things, Chesapeake improved its costs in the basin by 42% from a year ago.

"We now have our first 10,000-foot wells on the rig schedule, with completions planned for October, and we fully expect to continue this trend," Pigott told analysts.

A "traditional contour map" may indicate to some that the Haynesville jobs were in an uneconomic area with 6-8 Bcf/d contour laterals, said Pigott. However, wells drilled so far "have shattered the limitations typically placed on Haynesville development." The sister Bossier Sands also is contributing, with production up almost 4 MMcf/d on average from two tests. By itself, Bossier holds a lot of future potential.

There's another big potential for the formation from refracking old wells in the Haynesville that were drilled at the beginning of the unconventional boom. Chesapeake was the first company to build significant operations in the play."

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Permalink Reply by ledlights on May 14, 2015 at 7:41

Longer laterals seem to be a trend in some other shales like the Utica and Marcellus:

http://seekingalpha.com/article/3175826-rice-energy-dry-utica-from-... 

But I get the impression that some of that success is due to uniform geology in those areas that works well with longer laterals. How much of the Haynesville will work similarly?

One of the mentioned reasons for the potential for refrack value is the failure of large portions of original fracking to stimulate flow. The use of these longer laterals would seem to imply an accompanying improvement in fracturing techniques that is reducing such inefficiency?

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