Replies to This Discussion

Permalink Reply by Rock Man on March 16, 2025 at 11:59

Nice info @ this "forgotten" Hz shale play.

Nice to see that I got a notice of this new post

Permalink Reply by Skip Peel - Mineral Consultant on March 16, 2025 at 12:09

Glad you got the notice.  Yeah, there has been no post on GHS for the Fayetteville in about six years.  I wonder how many of that group's 150 members may have gotten a notice.  It would be good to see revived interest.

Permalink Reply by Rock Man on March 16, 2025 at 12:18

It will be interesting to see how the latest Hz / frac technology may be used in this older play.

Especially re-fracs using more intense stimulations

Permalink Reply by Skip Peel - Mineral Consultant on March 16, 2025 at 12:46

More private equity backed E&P.  "Flywheel's total investment for the project will be $25 to $30 million."  That does beg the question on re-fracks.  It will be interesting to see new well D&C costs.  Not likely to be too many of those for $25 to $30M.  With existing take away capacity, re-fracks would be a good place to start.  If prices get to $5, we could see a more aggressive drilling commitment with some new wells.

Permalink Reply by Rock Man on March 17, 2025 at 6:36

See attached PDF from ENVERUS - two slides

• Slide #1 is view of the entire Flywheel Hz Fayetteville position (their operations)
• Slide #2 is a Zoom to area SW of the Lake region

Note the spacing between some of the wells (those are section squares) as well as lateral lengths and orientation.

I would have to assume (or hope) that the Flywheel staff is first looking at optimizing field operations to achieve maximum production and profits.

• While looking at areas / gaps in production that could be exploited by new drilling, re fracs, workovers, etc.

Ideally, their engineering and geo staff have a good handle on total Gas in Place vs produced Gas on a per section basis across this Fayetteville Shale subsurface footprint

Attachments:

• Fayetteville Shale Snap Shot Arkansas.pdf, 599 KB

Permalink Reply by Skip Peel - Mineral Consultant on March 17, 2025 at 6:49

Thanks for the detail, Rock Man.  As to the existing shale wells, what is the range of TVDs and MDs.  And is there any information on the frack designs, particularly the proppant loads.

Permalink Reply by Rock Man on Tuesday

There is obviously tons of data available on these historical wells - but one would have to do major work to answer your questions.

I did a quick check on a few laterals and see the following:

• TVD in the less than 5000' range
• Completion dates in 2010-2013 range
• Lateral length mostly in the "section" size (4800' to 5500')
• Varied lateral orientation
• Many N-S but a good percentage are NW-SE
• No idea @ optimum lateral orientation vs regional stress plane
• Light proppant loads
• Less than 1000# per foot of lateral (750 to 825#/ft for the wells I checked)
• Total fluid used in the 22 to 32 BBLS per foot range

I would have to assume that Flywheel has pulled all this info into the their analytical "machine"

Permalink Reply by Skip Peel - Mineral Consultant on Tuesday

Thanks, Rock Man.  That is enough to confirm my suspicions.  Those were early wells little different from Haynesville 1.0 designs and a good bit more shallow.  I'm thinking well cost will figure heavily into new drilling.  And at those relatively shallow TVDs, there might be a good many stacked rigs that would be capable of new drilling although they are no good for deep TVDs.  If natural gas prices get to the point that major natural gas focused operators are prioritizing, Flywheel may make some money.