I heard this from two diffferent sources. I believe it to be West of the airport, maybe Cabot's Jacquelyn Bright Unit or Winston or King Units, or maybe Common Resources Burrow's Unit. It's supposed to be bigger than the Kardell well. Anybody else hear anything?
The Burrows reported an IP of just over 20mmcf. The King sounds about right for the area you are talking about. The Winston is already selling gas from the James Lime. Bright is a James Lime also if I am not mistaken. That would be great news for the area.
The Burrows Gas Unit Well No.1H has been completed by Common Resources L.L.C. in the Bossierville Field. The well is located 7.7 miles northwest of San Augustine with a depth of 17,374-feet. When gauged on a 27/64-inch choke, the well potentialed 21.037 million cubic feet of gas. Production is in the Bossier Shale formation.
I just posted an opinion on another blog re: Jerry's negotiations for his bonus...Jerry... scratch my opinion at $10,000-$15,000 this could be another game changer for the MOTHERLOAD.
P.S. Jerry...Your stock is going up which is interesting given the market is closed today!!!
Several large independents and a major company are drilling now and have in the past in the southern part of Texas and Louisiana at depths of 12,000 feet deep or greater. The reserves should be 10 BCF/well or more at these depths where the thickness is present that is is required. The southern part of this play in Texas and Louisiana will probably produce 30-40 percent more gas than the northern part of the play at the shallower depths.There will be more 1,500 - 2,000 HP rigs needed in the near future for all of the companies to ramp up for full development for this great play.
From: Jurassic Exploration 01/31/2010
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More