Second Sectional Wells

Has anyone seen forecasts of when operators are expected to drill second (and third) wells in Haynesville sections and how long it will be until all 8 (or 16) wells are drilled? Lots of macro-type variables here, of course.

Tags: demand, forecasts, projections, supply

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Permalink Reply by Parkdota on February 18, 2010 at 9:38
Everthing I've read, seen, and studied indicates 5-7 years for most 2nd HA wells if not longer (some already have them or are getting them so I'm speaking from a macro standpoint) with all wells in the HA being drilled in around 15-20 years. They still have a ways to go on all HBP on 1st HA wells. The BO wells probably won't be targets until much later. So, the total time period for all HA & BO could take 40ish years.

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