Replies to This Discussion

Permalink Reply by Les Bamburg on November 13, 2009 at 6:54

Parker,

1) Exco
2) Questar
3) Petrohawk
4) Comstock
5) El Paso

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Permalink Reply by Spring Branch,mineral owner on November 13, 2009 at 10:25

1.Petrohawk
2.Exco
3.Questar
4.Chesapeake
5.Encana
6.Comstock
7.El Paso
Dead Last: Swepi (Shell)

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Permalink Reply by Skip Peel - Mineral Consultant on November 13, 2009 at 11:00

1. Devon
2. Petrohawk
3. Chesapeake
4. EOG
5. Encana

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Permalink Reply by David on November 13, 2009 at 11:14

What is interesting is to see the overlapping top 5:

Petrohawk on 3 (#3, #1, #2)
Exco on 2 (#1, #2, - )
Questar on 2 (#2, #3, -)
Chesapeake on 2 (-, #4, #3)
Encana on 2 (-, #5, #5)

Just signed a lease with Petrohawk, so it was nice to see the "ratings".

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Permalink Reply by Spring Branch,mineral owner on November 13, 2009 at 22:48

EOG over Exco is a puzzle to me, Skip???? Just wondering the rational, specifically in the Haynesville.

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Permalink Reply by Skip Peel - Mineral Consultant on November 14, 2009 at 4:21

EOG has much more horizontal completion experience than EXCO. EXCO looks good in the Haynesville because they have good rocks. EOG is just now ramping up their development activity and should prove their capabilities regarding HA horizontal completions in the near future. Looking at completed wells across all plays in the U.S., the ranking by number of horizontal completions would be Chesapeake, Devon and EOG.

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Permalink Reply by Spring Branch,mineral owner on November 14, 2009 at 21:56

So has Shell, but I'd rather not have them as operator of my Haynesville section, though I agree that EOG is more than capable. I like the fact that Exco has the deep pockets of British Gas as a non-operating partner. I believe they will acquire more acreage and "get after it".

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Permalink Reply by Henry on November 15, 2009 at 3:17

SB,
Maybe there is someone (anyone?) on this site who has land tied up with one of the SWEPI wells. Do any of these people talk to the workers on site to find out what's going on with SWEPI? Is there anyone who can shed light on why SWEPI has yet to produce a horizontal well??????

Permalink Reply by Henry on November 15, 2009 at 8:37

Jay -- If you look, SWEPI has drilled a lot of wells in Red River Bull Bayou Field (13N, 12W) and Trenton Field (just east of Spider Field). They have very few wells in Sabine Parish. They have even started drilling in Brackey Branch (17-13-10) and Thorn Lake (5-14-10), in some of the units that Encana has. They are not doing much in the high T, high P of Sabine Parish.

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