Replies to This Discussion

Permalink Reply by jffree1 on February 14, 2012 at 7:26

Kathy, BP has permitted wells in the Woodlawn field since at least 2002.  The most recent ones were for the Woodlawn (Cotton Valley) which is an associated gas field.  That just mean that it also produces natural gas liquids or condensate.  There was a lot of interest in horizontal Cotton Valley wells several years ago and that got side-tracked by the Haynesville until last year when a number of producers went back to their Cotton Valley horizontal programs.  It would not be far-fetched to believe that they will also be looking at the Lower Smackover Brown Dense (below the Haynesville) in that area.

Permalink Reply by Craig Cooper on February 14, 2012 at 8:40

They are looking at Haynesville and maybe additional Cotton Valley possibilities. The seismic programs acquired beginning in ~late 2008 onward are related to the activity.

Permalink Reply by jerry smith on February 14, 2012 at 9:25

Can anybody tell me if there is ever a possibility that any wells will be drilled in these surveys 15, 

thanks jerry

Permalink Reply by jerry smith on February 15, 2012 at 3:09

Hi : jffree

Yes NFR has drilled a lot of wells around the Survey A-15 , i am thinking about selling all of my interest in 3 surveys in the area. In 2009 i was offer 10k a acer . What do you think?

Thanks jerry

Permalink Reply by Stacey Avant on June 29, 2012 at 9:15

There is no way you will get 10k an acre now.  Youd be lucky to get $500/acre.  Price of gas has dropped off the map.

 

Permalink Reply by Thomas C. McKowen, IV on December 12, 2012 at 4:29

Do you know how far east in Harrison County BP has been leasing?

Permalink Reply by Thomas C. McKowen, IV on December 12, 2012 at 8:36

Kathy, Thanks for the information.

Permalink Reply by dbob on February 4, 2013 at 10:24

The new BP permit includes a lateral in the 5400' class - Ttoal vertical depth will probably be in the 9500' range, in the Cotton Valley.  Its been hit and miss.

Permalink Reply by Skip Peel - Mineral Consultant on July 11, 2013 at 12:14

Thanks for the update Kathy.  Completion data from Harrison County is as rare as hen's teeth.

Permalink Reply by Thomas C. McKowen, IV on September 4, 2013 at 2:50

In what survey are the permitted JFS 1 & 2 Wells located?

Permalink Reply by Thomas C. McKowen, IV on September 4, 2013 at 7:15

Kathy,  Thanks for the information.  Do you know to what depth BP is drilling?  We have property in Micajah Lindsey Survey to the northwest, which is leased to Sendero. 

Permalink Reply by Skip Peel - Mineral Consultant on September 4, 2013 at 14:21

Thanks, Kathy.  :-)  IMO it is better to keep the focus on the real prospects as opposed to the rumors.  Especially when the rumors have no confirming facts and make little geologic sense.  The liquid plays popping up across E TX and NW LA are what I would recommend mineral owners focus on.  They are "liquid" as opposed to "oil" because as you rightly state the economic component of production is the natural gas liquids.  These wells are less risky, less expensive to drill and make a favorable if not earth shattering return on investment.  They tend to be repeatable but do not have areal extents similar to resource plays such as the dry gas Haynesville Shale.  They do require a significant investment in infrastructure to handle the liquids so the pace of development can lag until the infrastructure is in place.  You can't put wet gas in a dry gas pipeline.  It requires a specialty pipeline to a dehydration facility where the liquids are stripped out.  The tail gate gas then goes into a dry gas pipeline and the natural gas liquids go into a NGL pipeline.  As I look around my little part of the country I see a number of such plays emerging.

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