Is Chesapeake having problems just in Sabine County or is a possible larger issue? Ran across a Sept article discussing Chesapeake nearing completion of well they had given a tour of back on June 21. Well was West Spoon Haynesville well in Sabine County. According to TXRRC, it appears he well still has not been completed. Here's the link to the article , http://tylerpaper.com/article/20110918/BUSINESS01/309189998
My recollection is that they spud in back in mid to late April which would be approx six months by now. I am familiar with the drilling and fracing process and why the time line seemed long that this well would not have been completed and gone to sales yet.
That would be anybody's guess... pipeline maybe? No offense meant... I try to explain the timeline because we have new people asking questions all the time who may not be familiar with the process. I didn't take the time to investigate who I was replying to.
It's pretty normal for Chesapeake to take six months to report an IP. Sometimes longer. They still haven't reported the two Federal wells (Horton & Frazier) and those have been sitting there since December, 2010 (Horton) and April of this year (Frazier). They aren't reporting any production so I have to assume that they are not complete or have been shut-in for some reason.
Good info. As to the pipeline from the Frazier via the Horton, the government forest service was slow, slow on easement permitting. Last I heard was that it was in the ground from the Frazier to Hwy 87. It then has to go thru more gov't land where they were not giving workspace, so the pipeline people where having to get workspace agreement from TexDOT. Then it will pick up the Horton and tie end to rest of pipeline already in ground from the west.
Anxious to see the IP report, as out property is just south to Frazier and nolonger leased.
Where do we see the IP report? I'm close to the Wellspoon well with another one right behind me. I just want to be able to talk halfway intelligently about what's going on.
Sharon, join this group: http://www.gohaynesvilleshale.com/group/trrchelpcenter
You will find links and instructions for how to search for a completion report. You will need the API # for the West Spoon #1H, 403-30465, or you can just search by County. Don't worry about filling in the other search criteria.
Don't worry! When the market price goes up, the final completion will happen.
Remember, your production is not being sold at today's low price.