Attached is EnCana's presentation from their Haynesville Shale Conference Call.

 

Some points of particular interest are as follows:

 

Page 5 - EnCana confirms they discovered the Haynesville Shale in early 2006.  This occurred with the drilling of three vertical wells (AF Walker #1, Martin Timber #1 & Adcock #1) in Red River Parish and contradicts Chesapeake's position they discovered the Haynesville Shale.  EnCana plans to retain 250,000 net acres.

 

Page 6 - EnCana produced a record 200 MMcfd from a single section (S27-T14N-R11W) utilizing 10 new Haynesville Shale wells.  The east half of the section was developed on 40 acre spacing to gather information for reservoir simulation work.

 

Page 9 - EnCana has begun utilizing a "slowback" completion process on some wells.  This involves limiting the drop in surface flowing pressure to a maximum of 25 psi per day.  EnCana is testing the development of some sections with 6 wells (106 acre spacing) utilizing larger fracture stimulation treatments.

 

Page 12 - EnCana is working to delineate the Mid-Bossier Shale and plans to drill 20 wells in 2011.  Expect that EnCana will have 200,000 acres that will be productive in both the Haynesville Shale and Mid-Bossier Shale.  The Mid-Bossier Shale trend extends into the Amoruso area in Robertson County, Texas.  EnCana drilled the Hoyt 2H horizontal well in this area in late 2010 and the flow performance has been strong.   

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Thanks Les.  I am interested in history and the Haynesville's history is very interesting!  I'd like to hear a back and forth from CHK and Encana about who "really" discovered the shale.  Both were probably working on it about the same time.

 

BUT, perhaps an easier and more important question is WHO OUTED THE HAYNESVILLE SHALE?  Which company or researcher made the announcement?  Was it CHK?  Or, Petrohawk?

 

 

 

However, there is something to the idea that when an idea's time has come more than one genius will have it. I've read that the US Patent office often gets several patents covering the same thing at just about the same time.

Hopeful, EnCana clearly drilled, logged and tested their wells before Chesapeake.  Other companies such as Chesapeake, Petrohawk, Comstock & Penn-Virgina were also independently evaluating the play before it was outed by Petrohawk.  That was the reason parties were able to understand early on the play covered such a large area.

 

As a point of interest, EnCana's original target of the evaluation was the Bossier Shale but "discovered" the Haynesville Shale in the process.  

Hopeful, in the early days of GHS I wrote a blog post on the history of the emerging Haynesville Play.  However you have to really like history because it's pretty dry.  Definitely not a best seller.  LOL!

 

http://www.gohaynesvilleshale.com/profiles/blogs/chronology-of-the-...

Thanks as always Les B.  Encana presents that they will allocate 150M for lease retention in 2012.  Is there any indication they may add in additional acerage that they had let expire, or will they concentarte on current expiring leases? 
RB, the indication is the $150M in 2012 is for drilling wells to retain existing leased acreage.  A smaller amount is required in 2013 for lease retention and EnCana projects this will complete the HBP of 250,000 net acres. 

Les, might you explain in dummy terms what the follwing means:

Page 9 - EnCana has begun utilizing a "slowback" completion process on some wells.  This involves limiting the drop in surface flowing pressure to a maximum of 25 psi per day.  EnCana is testing the development of some sections with 6 wells (106 acre spacing) utilizing larger fracture stimulation treatments.

Parkdota, the slowback is a derivation of gas flowback after frac'ing that just means they will produce the well at a lower flow rate during the initial few months.  So the surface flowing pressure and gas flow rate will decline at a slower rate than the traditional approach.   

Les, is there a way per sonris well data or LDNR to tell if this method was applied to a particular well or wells???

Parkdota, it would not be easy but you could track the monthly production decline for a well to see if it has a flatter profile.  You can also look at the flowing pressures and choke sizes for the well test information.  Smaller choke sizes initially (14/64" - 18/64") would indicate operator is using a more restrictive production method. 

Les, thanks for your time.

Skip, thanks for the history lesson.  Excellent run down of the paperwork trail.  But, you sell your writing short when you say it's "not a best-seller".  It just needs a little sex and violence to illustrate the true history and you might make it into the NY Times!

 

For example, you have have reported that just before Thanksgiving in 2005 a couple of low level engineers from Encana and CHK met and had an affair. They met because both companies were working on shale gas.  They fell in love watching a presentation on deep drilling.  Fireworks went off in their heads when they saw the fracking video.

 

Everything went great until one hot steamy December night when they were whispering sweet nothings to each other. and one of them (they dispute which partner said it first) dropped the hint about DEEP WELLS.

After a long night of sex one of them went outside and spray painted on a pick up truck the news "HAYNESVILLE SHALE DISCOVERED!!

 

A truck driver with another company was passing by the motel and saw the spray painted truck and reported it to his bosses.  They sent out a press release letting the cat out of the bag. To make a long story short both engineers were fired by CHK and Encana.  They are now camping on Wall Street with the Occupy Wall Street movement.

 

So ... please complete the history for me.  Who was the truck driver working for that blew the whistle on the Haynesville Shale?  Was it Petrohawk or another company?? Who blew the whistle?

 

--  HANG

HANG~  Sorry I'm not a fiction writer.  LOL!  The Blog does not address who outed who as I didn't deem it important at the time.  And do not recall  the specifics now.

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