Replies to This Discussion

Permalink Reply by Dion Warr, CPL on May 30, 2012 at 2:09

Shell is not Exco.

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Permalink Reply by Spring Branch,mineral owner on May 30, 2012 at 4:48

In the Haynesville, Shell drills under the name Swepi, which stands for Shell Western.

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Permalink Reply by Skip Peel - Mineral Consultant on May 30, 2012 at 5:10

Thanks, SB.  I was not aware that Mr. Moran sold his entire surface estate.

Permalink Reply by Dion Warr, CPL on May 30, 2012 at 8:10

SB:

Absolutely. SWEPI used to stand for Shell Western Exploration & Production, Inc., although at this point, it may be no more than just a corporate name that doesn't "mean" anything anymore, e.g,, AT&T Corp. hasn't stood for American Telephone & Telegraph for some time now.

Permalink Reply by Dion Warr, CPL on May 30, 2012 at 8:21

El Theo:

Followup: you may be thinking of another "E"'- Encana, which partnered with Shell (SWEPI, L.P.) in much of their Haynesville acreage. Exco also bought out Anadarko's position in Vernon Field, who had originally bought out Exco's original position in Vernon Field (Anadarko drilled several hundred wells and produces a pre-Haynesville "tremendous" amount of gas from Vernon in the interim), although given Haynesville production volumes it merely looks to be just "substantial", in hindsight. APC became the number one onshore gas producer in the state for a few years based largely upon their Vernon Field program prior to the dawn of the HS.

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Permalink Reply by El Theo on May 30, 2012 at 10:36

Yep, my bad.  It was Encana I had on my mind.  Crud.  I was thinking nice things for DeSoto Parish, and right in that area would put em in the center of their raw material feedstock.  I guess they can put it anywhere that has access to a pipeline, though.  Sure would love to see it in NW Louisiana.

 

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Permalink Reply by Les Bamburg on June 1, 2012 at 17:36

Bobi, the challenge is the Sundrop technology is unproven so unclear if it will be commercially sucessful.

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Permalink Reply by Les Bamburg on June 1, 2012 at 17:32

KCM, there have been a few plants built that convert dry natural gas to a combination of liquid petroleum products including diesel, liquid petroleum gas (LPG), etc.  Most are based on a Sasol process and are constructed in areas with stranded natural gas that has an extremely low wellhead value.  The economics of these plants can be challenging due to the high capital cost and fuel consumption in the process.  Shell recently completed construction of a large plant in Qatar and Sasol plans to build a plant near Lake Charles. 

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Permalink Reply by Krkyoldhag on May 29, 2012 at 2:52

Yes   and the one I specifically know about is the one on 9 in Waskom.  Their business had dropped to a trickle til  they converted to separate the liquids..

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Permalink Reply by dbob on May 29, 2012 at 16:09

The Waskom plant is a wet gas processing plant.

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Permalink Reply by Roy Austin Smith on June 1, 2012 at 7:05

I don't know where you got you info. "Cheasapeake has not cut back"  That is false. I am a landowner and Cheasapeake has my lease. Cheasapeke has cut the price and cut the production way back, either that or i am not getting paid for all the gas.  All you need to prove it with, is my checkstubs and my neighbors checkstubs.

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