Replies to This Discussion

Permalink Reply by JWC on June 15, 2010 at 0:45

I hope you are right king john. We are not leased and our land is about 4 miles east of the Blackstone and about 5 miles South of the Kardell. With the talk about Sabine County heating up to the east of us I am hoping things will pick up. We will see.

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Permalink Reply by king john on June 15, 2010 at 1:13

jwc, should be great for business. dont sell short. unless you are faulted out, you should be in great shape ! and i mean $$$
kj

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Permalink Reply by JWC on June 15, 2010 at 1:25

Thanks for the boost king john.

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Permalink Reply by little ole 1st grade teacher on June 16, 2010 at 2:41

kj, you mention "unless you are faulted out"???
I know what a fault is, but do not understand what you are talking about here.
How does "a fault" affect the outcome of business? It sounds like it is not a good situation
to be in.

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Permalink Reply by Les Bamburg on June 16, 2010 at 3:10

LOFGT, I would not worry as it is highly unlikely that any faulting would result in an area being non-productive in the Haynesville Shale. The primary issue with faults is it may impact the planned orientation of the horizontal lateral or could limit the length of a drilled horizontal lateral. This is one of the reasons operators have shot new 3-D seismic over much of the Haynesville Shale area.

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Permalink Reply by king john on June 16, 2010 at 3:25

so Les, if my minerals were sitting on a fault and this had been identified, would any one still want to lease it? i thought faults were taboo and were to be stayed away from.
kj

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Permalink Reply by Les Bamburg on June 16, 2010 at 6:44

KJ, companies just like to avoid drilling the horizontal lateral thru the fault. So if the fault runs east-west in the area the operator would likely drill east-west laterals if close to the fault. If the location is > a mile from the fault then it should be a non-issue anyway.

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Permalink Reply by jffree1 on June 16, 2010 at 7:16

Thanks for addressing that, Les. Some of us have discussed the importance of the various fault lines which appear on the Petrohawk map.
I would think that the depth, at which the fault occurs, would have to be considered also? I mean, is it possible for a fault to occur at a shallow enough depth/formation that it has no bearing on shale depth production? By the same token, could a fault occur deep enough (old enough) that the shale intervals were deposited over that fault making the thickness of the shale interval differ according to which side of the fault you are looking at?

Permalink Reply by Les Bamburg on June 16, 2010 at 16:51

Jjfree1, yes - you are exactly right about the fault depth being the key issue. I should have been clearer that my reference was to a fault at the Haynesville Shale depth with enough throw to result in the target interval to be discontinuous in the area in question.

Permalink Reply by JWC on June 16, 2010 at 3:58

Thanks Les I was wondering the same thing as LOFGT. I feel better now. Still a chance at some $$$$.

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Permalink Reply by farmbrad on June 15, 2010 at 2:29

We're next door but not in the unit. I could see the rig from our property. We are leased with Encana and hoping they will include us in a unit soon. Hey, NG is above $5 and rising...

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Permalink Reply by ken hatcher on June 15, 2010 at 3:22

This is like Biden whispered to Obama. This is a big (you know what) deal!!!

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