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Permalink Reply by adubu on June 28, 2010 at 8:11

lot depend on your definition of success. 5-1 return or more on investment for operator or just pay out break-even or gas production of simply paying quantity ( which most would say dry hole and plug it) vs dry hole.

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Permalink Reply by Peter E. on June 28, 2010 at 8:13

Sorry, I should have been more explicit - Once exploration wells have been drilled, how many of these would go to pilot?

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Permalink Reply by Les Bamburg on June 28, 2010 at 9:05

Peter, essentially all shale gas wells are completed and produced unless they encounter a mechanical problem during drilling or frac'ing operations. This is not to say all are economic successes.

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Permalink Reply by Jack Blake on June 29, 2010 at 1:50

Jack Blake has wild questions:
How many HS wells are currently producing in TX/LA?
What is the current gas volume produced daily from HS wells in TX/LA?
hhhhhhhhhmmmmmmmmmmmthunkjackblake

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Permalink Reply by Les Bamburg on June 29, 2010 at 3:32

Jack, there have been 2183 permitted HS wells total with 1485 in LA & 698 in TX. In Louisiana there have been 1138 HS wells spudded. I do not have a producing well count.

For gas production see the following discussion with charts thru March.

http://www.gohaynesvilleshale.com/forum/topics/northwest-louisiana-2

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Permalink Reply by Jack Blake on June 29, 2010 at 13:55

Thanks Les B, said jack Blake.

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