Neither went horizontal as permitted. Both had tremendous drilling probs. "Very disappointed in the logs", "not going to benefit anyone (other operators) in the area" are some of the comments made by working interest owners. One person in the know went so far as to say the wells have condemned a great deal of acreage in the area for the HS play. Petrohawk has no further drilling plans for this area and is going to stick to the Louisiana side of the play.
Further west two other verticle wells have recently been drilled through the shale. Shale not present or too thin so the maps that have been published (Haynesville Shale Playbook and other publicly traded companies presentation maps) showing NW Shelby County as "not within" the HS boundries are thus far holding up.
Mark, is your info on all four wells first-hand? I don't dispute what you have said but it is not good news for me. I am asking, in part, because I heard good things about one of the two vertical wells in western Shelby County, the Mitchell trust #1 (NFR).
Believe me I know the feeling! I've seen and heard over the last several months lots of companies touting that they have the HS, or Texas equivalent, under their acreage. As more wells get drilled it is becoming apparent that this is not the case.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More