Success in Sabine Parish - GoHaynesvilleShale.com2024-03-28T14:05:15Zhttps://gohaynesvilleshale.com/forum/topics/sabine-parish-activity?commentId=2117179%3AComment%3A3758628&feed=yes&xn_auth=noProven is not a judgement cal…tag:gohaynesvilleshale.com,2018-10-10:2117179:Comment:37586282018-10-10T16:39:13.826ZDoobhttps://gohaynesvilleshale.com/profile/JohnRhodes
<p>Proven is not a judgement call. If hydrocarbons are producing with a positive cash flow they are proven.</p>
<p>Proven is not a judgement call. If hydrocarbons are producing with a positive cash flow they are proven.</p> Thanks Skip, I will check Rig…tag:gohaynesvilleshale.com,2018-10-03:2117179:Comment:37552402018-10-03T14:25:05.854ZTKhttps://gohaynesvilleshale.com/profile/KT918
<p>Thanks Skip, I will check RigData.</p>
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<p>Thanks Skip, I will check RigData.</p>
<p></p> TK, the periodic drilling upd…tag:gohaynesvilleshale.com,2018-10-03:2117179:Comment:37553952018-10-03T13:58:22.679ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>TK, the periodic drilling updates on SONRIS well files generally have a good bit of lag time. A rig is often finished and gone from a well site for weeks before you will see a report that the well has reached Total Depth (TD). The only way to keep up with drilling on a more timely basis is a weekly rig report. Those reports are subscription services. I use RigData.</p>
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<p>TK, the periodic drilling updates on SONRIS well files generally have a good bit of lag time. A rig is often finished and gone from a well site for weeks before you will see a report that the well has reached Total Depth (TD). The only way to keep up with drilling on a more timely basis is a weekly rig report. Those reports are subscription services. I use RigData.</p>
<p></p> There are a lot of wells gett…tag:gohaynesvilleshale.com,2018-10-03:2117179:Comment:37552332018-10-03T13:46:12.885ZTKhttps://gohaynesvilleshale.com/profile/KT918
<p>There are a lot of wells getting permitted for 9N 12W in north sabine parish. What is the process after they get permitted? Is there a certain order of wells to be drilled first? I have a few acres there and would like to keep up with whats going on but I am not sure where to look on Sonris. This is a very interesting discussion by the way.</p>
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<p>There are a lot of wells getting permitted for 9N 12W in north sabine parish. What is the process after they get permitted? Is there a certain order of wells to be drilled first? I have a few acres there and would like to keep up with whats going on but I am not sure where to look on Sonris. This is a very interesting discussion by the way.</p>
<p></p> Mark, I pegged you, and Doob,…tag:gohaynesvilleshale.com,2018-07-23:2117179:Comment:37226652018-07-23T19:13:22.437ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Mark, I pegged you, and Doob, as knowledgeable industry members and likely in possession of some non-public information. I enjoy interacting with other GHS industry members but tend to make replies with the many laymen members who are the backbone of GHS in mind. When you offer positive opinions on the prospects of "middle Sabine", I find that encouraging but I like to temper the expectations of land/mineral owners until there are wells turned to sales. I look at spacing applications and…</p>
<p>Mark, I pegged you, and Doob, as knowledgeable industry members and likely in possession of some non-public information. I enjoy interacting with other GHS industry members but tend to make replies with the many laymen members who are the backbone of GHS in mind. When you offer positive opinions on the prospects of "middle Sabine", I find that encouraging but I like to temper the expectations of land/mineral owners until there are wells turned to sales. I look at spacing applications and permits every day. I maintain tracking spreadsheets of every section/unit in my AOIs. I get the weekly rig reports. So I tend to see where Haynesville operators are headed, hence my July 1 discussion, "LA HA Drilling Activity Moving South". I have a mid-stream client that has provided me with general statements of H2S and CO2 concentrations regarding Sabine Parish. Without any further specific data, I tend to be conservative in my assessments of economic viability. Yes, 9N looks prospective from the amount of development planned and ongoing. I have suspected that if treating costs didn't screw up economics that the rock would be good down through the north half of 8N. I run Hwy. 171 a good bit and noticed the Cactus Rig #159 with surface location in 1-8N-13W. Of course it is drilling north and will produce from Sections 25 & 36.</p>
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<p></p> Your exactly right Skip. The…tag:gohaynesvilleshale.com,2018-07-23:2117179:Comment:37226612018-07-23T18:47:42.012ZMark Hughstonhttps://gohaynesvilleshale.com/profile/MarkHughston
<p>Your exactly right Skip. The Mid Bossier has only been tested in the northern couple of miles of 8N-12W - 13W, but the results so far are very encouraging.</p>
<p>A little about me. I am a geologist and partner in a couple of companies that have been active in Eat Texas and North La for many years. Those companies are Brazos Gas Company and San Saba Royalty. The Brazos Group is also part of the GP for Olympia Minerals, the mineral owner beneath Vine, GEP and others active in Sabine…</p>
<p>Your exactly right Skip. The Mid Bossier has only been tested in the northern couple of miles of 8N-12W - 13W, but the results so far are very encouraging.</p>
<p>A little about me. I am a geologist and partner in a couple of companies that have been active in Eat Texas and North La for many years. Those companies are Brazos Gas Company and San Saba Royalty. The Brazos Group is also part of the GP for Olympia Minerals, the mineral owner beneath Vine, GEP and others active in Sabine Parish.</p>
<p>We are very familiar with the Haynesville Bossier play by virtue of our relationship with our lessors, Vine and GEP. Those companies, of course control properties originally leased to Shell (SWEPI) and Encana.</p>
<p>By virtue of the terms of our lease we are kept up to date more than an average lessee might expect, and have had a great working relationship with our lessors from the get go.</p>
<p>The productivity of southern part of 8N-12W and on into 7N was a project Shell did independent of Encana. In fact it was work done by a separate group within Shell....not the group that was drilling all the wells in 9 and 8N 5 years ago. That group caused the southern area to be shot and leased on there own 12,000 plus acres from Olympia. That group integrated Shell data recovered from the two deep wells drilled in that area in the early 1980's. Those wells are the Chevron Davis and Shell Sibley. Both wells encountered pressure and gas in the Mid Bossier causing them to set intermediate casing and build their MW to 16+ lbs.</p>
<p>Using the 3-D data to map structure, and the geology from those two old tests, Shell assembled a large acreage block and permitted a well in Section 6 on 7N-12W in 2011. Shell shared their interpretation with us and in fact showed us 3 other spots where they planned to drill additional wells. These wells never got drilled due to internal fights over budget. Twice Shell came to Olympia and extended the lease term, once by two years, then again by one year. It was their intention to drill a well and test the area right up until the time they decided as a company to sell and exit the play.</p>
<p>So, that is a long way of saying that you are exactly right in your analysis of what is proven economically in the play at this point in time. We are very impressed with the results of the new wells drilled by Vine and GEP in the northern part of 8N-12W, and we know from visiting with both companies that they too are very bullish at this time. I believe that the number of new locations, both Mid Bossier and Haynesville, that are being prepared by those two companies, and by Comstock as well, is an endorsement of their exuberance for the southern part of the play.</p>
<p>Skip, I would enjoy meeting you and discussing further either in person or by phone. If you go to the San Saba Royalty Website you can find my contact information.</p>
<p>I really appreciate your comments and observations. I think you are doing a great service to your clients and all those who are interested in following the play. Vine is drilling two wells as we speak in 8N, one in sec 25-36 of 8N-13W, and one in sec 28-33 of 8N-12W. As of this morning both wells were about 5000 ft out in their horizontal legs.....having spud within 3 days of each other. Keeping our fingers crossed. Thanks Skip, and thanks Doob for the comments</p>
<p></p> Martin, buyers are looking fo…tag:gohaynesvilleshale.com,2018-07-23:2117179:Comment:37223872018-07-23T00:05:28.831ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Martin, buyers are looking for particular sections/units that they think have a better than average chance of getting new wells in the not too distant future. Not all minerals/units are valued the same even if they are immediately adjacent to new wells. The question for investors is the Return On Investment time line. They all want to acquire minerals that will return their investment in 12 to 18 months, minimum. Then they have a reasonable profit going forward with the existing wells…</p>
<p>Martin, buyers are looking for particular sections/units that they think have a better than average chance of getting new wells in the not too distant future. Not all minerals/units are valued the same even if they are immediately adjacent to new wells. The question for investors is the Return On Investment time line. They all want to acquire minerals that will return their investment in 12 to 18 months, minimum. Then they have a reasonable profit going forward with the existing wells and some unknowable longer term potential for additional wells at some point in the future.</p>
<p></p> Skip --
I own several leas…tag:gohaynesvilleshale.com,2018-07-22:2117179:Comment:37221892018-07-22T23:07:23.167ZMartinhttps://gohaynesvilleshale.com/profile/jcmagness
<p>Skip --</p>
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<p> I own several leases in Sabine Parish, T 9n. Yesterday I received an offer for my mineral interest for one lease, T 9n, S30, R 12W.</p>
<p>Several other of my leases are in T 9N. But this was the only one referenced in the offer. </p>
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<p>Skip --</p>
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<p> I own several leases in Sabine Parish, T 9n. Yesterday I received an offer for my mineral interest for one lease, T 9n, S30, R 12W.</p>
<p>Several other of my leases are in T 9N. But this was the only one referenced in the offer. </p>
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<p> </p> The early Haynesville Shale P…tag:gohaynesvilleshale.com,2018-07-21:2117179:Comment:37219282018-07-21T23:07:21.473ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>The early Haynesville Shale Play lost momentum due to the extreme drop in price and the desire of major Haynesville operating companies to drill oily basins. It has taken ten years to get back to discussing the prospects of the far southern portions of the LA Haynesville/Bossier fairway. It is encouraging that we will now get a read on the economics in the northern portion of Sabine Parish. New version Haynesville wells will be quite helpful in determining the extent of the economic…</p>
<p>The early Haynesville Shale Play lost momentum due to the extreme drop in price and the desire of major Haynesville operating companies to drill oily basins. It has taken ten years to get back to discussing the prospects of the far southern portions of the LA Haynesville/Bossier fairway. It is encouraging that we will now get a read on the economics in the northern portion of Sabine Parish. New version Haynesville wells will be quite helpful in determining the extent of the economic limits.</p>
<p></p> I hope the results show the e…tag:gohaynesvilleshale.com,2018-07-21:2117179:Comment:37219962018-07-21T22:19:42.557ZDoctor Joehttps://gohaynesvilleshale.com/profile/JoePenny
I hope the results show the economic formations to be at least through southern 9N.
I hope the results show the economic formations to be at least through southern 9N.