Replies to This Discussion

Permalink Reply by Terry L. Antee on May 8, 2012 at 4:49

Does anyone know the amount of H2S?  I have a friend that said it was a lot.

Permalink Reply by obed w odom on May 8, 2012 at 5:12

Either your friend is misinformed or SWN is not leveling with us. Mueller of SWN said last Friday, concerning the Garrett well: "We haven't seen hardly any H2S at all. Actually, we saw less H2S in this well than we did in the first well. We saw a couple of days where it spiked a little bit and then didn’t see any in the first well. This one, we haven't seen hardly at all." [Of course, his grammar could be corrected, but I think his meaning is clear.]

Permalink Reply by Terry L. Antee on May 8, 2012 at 10:19

An old friend who has been in the oil business 50 years or more and is still very active. Our information is only as good as our source and I do not know who his source was.  The absence of H2S would help  the economics a lot.  I hope Mueller is right. 

Permalink Reply by Bradley McWilliams on May 8, 2012 at 11:09

It would be pretty simple to tell if there is H2S present.  SWN post a sign at the gate to make sure people are aware of the potential danger.  They would also have a wind sock, maybe on the tank battery, to let everyone know which direction is "up wind".

Permalink Reply by obed w odom on June 9, 2012 at 7:50

Thanks to bpm for pointing out on another thread SWN's latest presentation of June 6 at the Citi Global Energy Conference in Miami. The webcast of this is still available at SWN's website. Maybe Bill Daily or someone can make a transcript of this, but here are a few highlights regarding the Garrett and Roberson wells.

Steve Mueller says the Garrett well is about 61% cleaned up and is now making about 250 barrels of oil and 200 barrels of water. This water has much lower salinity than the known water reservoirs above and below the Brown Dense so they think it is just frac water. Mueller says their model predicts that when the per cent cleanup gets to 65-70% the amount of frac water returned will decrease rapidly, but they haven't yet seen this.

In the Roberson well, he had reported earlier that they had isolated a portion in the heel of their lateral (in the uppermost part of the Brown Dense)  to test the effect of acidizing. He now says when they flowed this portion back it behaved as expected for a while and then overnight they suddenly saw a deluge of salt water. So their conclusion is that they inadvertently fracked into the ocean of water above, which has ruined the testing on this portion. He says they may try to repeat this test on a sidetracked portion.

Permalink Reply by Terry L. Antee on June 11, 2012 at 3:35

One of the problems with carbonates is the fractures seem to open up with any kind of stimulation and if the fracture extends to a water source you are in trouble. Some fractures are open fractures and if you hit one and it extends into water you are in trouble. James lime and Fredericksburg are examples.

Permalink Reply by GoshDarn on June 12, 2012 at 8:28

RB, methinks your take on it is a legit reality check.  I wonder how much stock Mueller owns?  In other words, there's more than one way to make fast money on a concept play besides the geological efficiencies of O&G production, right?

Permalink Reply by RR on June 12, 2012 at 13:14

I'm still holding out hope!  Got a phone call a few days ago wanting permission to survey for a pipeline on some land I own in Union Parish.

 

Permalink Reply by robert edwards on June 23, 2012 at 17:05

where is your land located in union parish.

Permalink Reply by RR on June 24, 2012 at 2:06

It's in section 1-21n-2w. Made the deal a couple of days ago. It's running from the BML well up the road.  They are not paying anything close to rates in the haynesville but I think if the play is proven economical it'll increase.

 

 

Permalink Reply by Bradley McWilliams on June 13, 2012 at 2:04

SWN has been working on this play for almost a year now, and they update the public when they say they will, good or bad.  Time will tell if the BD is a good play or not, but this is not the time to cast doubt on motives due to a lack of instant success.  As I recall, Continental worked for years in the Bakken before it took off, so let's give SWN the same opportunity to prove or dis-prove the BD. If you don't trust them, don't buy the stock. At least they are taking the gamble to try and make this play work, which will hopfully benifit us all.

Permalink Reply by obed w odom on June 13, 2012 at 2:23

I agree completely, bpm. I don't know whether SWN will be able to double the production they saw in the Garrett well, but I think they have several options to try which may allow them to do so, and I certainly wouldn't dismiss the possibility out of hand, as some seem to be doing.

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