Attached is a Chesapeake map depicting their view of the outline of both the Haynesville Shale and Bossier Shale plays.
Their map of the Bossier Shale explains why there has been such an increase in activity along the southern portion of the Haynesville Shale play and certainly adds some excitement to that region.
Les, john sharp said today on an internet broadcast though early that the bossier was a little less robust than haynesville well's drilled. He went on to say a bossier drilled in august started flowing at 9.4 mcf( below their haynesville average). He is a geoscience with chesapeake. Still 9.4 is not shabby....your thought's? That would appear to be the well on your map.
I listened to the webcast, and Sharp said the Bossier Shale was "the most exciting development" in the play since the last analyst meeting a year ago. They are very high on it and he confirmed that CHK actively acquired additional property in the "stacked" Haynesville/Bossier fairway in South DeSoto and North Sabine. A press clipping picked up on the "less robust than the Haynesville" comment, but that statement was not representative of their enthusiasm for the Bossier. I've listened to similar upbeat comments about the Bossier in conference calls by Encana and Comstock, both of whom also have producing horizontals in that shale. The Bossier appears to be picking up some momentum, although each company also confirmed that near term drilling would continue to focus on the Haynesville to HBP the deeper rights.
Ken, I say this an excellent initial well. I need to see more info such as flowing pressure, choke size, lateral length, frac stages, etc to have a fuller opinion. But this is very comparable to the rates from many parts of the Haynesville Shale in Texas and Louisiana. Heck, Chesapeake's own information in their table indicates the Bossier Shale is similar to the Haynesville Shale.
EnCana had stated a few months ago that the Bossier Shale well economics would be similar.
Just think if operators manage to discovery some small Hosston or Cotton Valley stringers while drilling the shale formations that can eventually be produced thru the same wellbores.
Please help a Nudog understand all this!! If the Haynesville is deeper than the Bossier would it be possible for a person to sign two different leases on each one of these? Also, wouldn't it be more profitable for a company to drill in an area where there are two different pockets of gas instead of just one? THANKS
Nudog, it would be possible but most companies would prefer all depths to be covered by a single lease.
Yes, it could be potentially more profitable to drill in areas where both the Haynesville and Bossier Shale are present. But given the variation in both formations, this would not necessarily be the case throughout the the overlap area.