Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on December 3, 2011 at 14:56

They are not shallow. Or cheap to drill.  And the natural gas liquids and condensate production varies significantly over the extent of the prospective area.  It is a conventional reservoir unlike the Haynesville Shale.  Perform a SONRIS Lite search by organization for Indigo.  They are the most active driller of horizontal CV wells. 

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Permalink Reply by kittycatmama on December 3, 2011 at 17:14

Indigo is one of the names that I heard was having good success in south Caddo. Noticing that Indigo reached TD on the southwest Caddo wells but no production numbers. That is supposedly a very good well, BUT rumors abound in this business

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Permalink Reply by Skip Peel - Mineral Consultant on December 3, 2011 at 22:50

There is a wide variance in productivity.  The best horizontal CV wells can be as good or better than an average Haynesville well.  I recall one that IP'ed 10MMCFD plus significant liquids.

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Permalink Reply by kittycatmama on December 4, 2011 at 3:35

the well I am hearing about is located near Keatchie and I am trying to find section, t and r for it is supposed to have significant condensate. On a side note, I have also heard that budgets for 2012 drilling is going to ramp up early in 2012 with budgets for the big players increasing for the Haynesville. Have you all heard that

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Permalink Reply by kittycatmama on December 4, 2011 at 5:13

Jay, was that an Indigo well?

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Permalink Reply by Spring Branch,mineral owner on December 4, 2011 at 5:44

Yes, kcm it was an Indigo well in 15/15, Section 23.  The Berry 1-H well in 15/15, Section 24 is reported to have IP'd @ 14 million/day.  The Walton well was averaging 50-60 barrels liquids/day in addition to the gas. 

As to the ramp up in the Haynesville in 2012 by the Operators, that would fly in the face of their public announcements, which have indicated they were cutting back on rigs rather significantly in 2012.  A possible exception to this might be BHP Billiton/Petrohawk.

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Permalink Reply by Robert Griffin R on December 4, 2011 at 5:50

I think the well number is 242739, Walton 23 H, in S23-T15N-R15W.

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Permalink Reply by Henry on December 4, 2011 at 4:42

KCM,

I don't get it.  Why would drilling budgets ramp up, with gas at $3.50?

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Permalink Reply by kittycatmama on December 4, 2011 at 5:13

Henry, I totally agree with you, but I heard it from a very reliable source who deals with the bigger companies and ALL of the majors have told him that their drilling schedules were raised for 2012 and in most cases, he said they were major increases in drilling. He too has asked why and got no response. Big companies do not usually do "dumb" things, so there has to be a reason. That is why I started this post--to see if anyone knew about these wells with higher condensate and if perhaps the majors are coming in to drill to that.  I am just guessing that perhaps that could be a reason for projected drilling increase.

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Permalink Reply by Spring Branch,mineral owner on December 4, 2011 at 6:02

If it's true that drilling budgets have been raised for 2012, it would likely be unrelated to the Haynesville, and centered in the liquids rich plays.

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Permalink Reply by kittycatmama on December 4, 2011 at 6:12

that is what my source thinks but the companies are super tight lipped about it. Since one of the people he talked to was boasting about the good results of the Cotton Valley wells with significant condensate, he thought it might be about a shallowier play.  Guess time will tell. It has to be about something other than nat gas with prices where they are

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Permalink Reply by Bacon on December 4, 2011 at 11:36

We participate in a horizontal CV well that's just across the line in NW RR parish. 239469.  It's got some liquids but nothing major.  It's been a great gas well as CV's go.

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