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San Augustine, TX

All things related to the Haynesville Shale in San Augustine county.

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Comment by JWC on August 9, 2009 at 3:07
Been a while since we have heard from Oil Voice but OV is back:

Missing Out Of The Major Gas In Haynesville Shale Play

Chesapeake Energy has missed out of major gas production that will be produced from the Haynesville in Sabine and San Augustine Counties of Texas. They should have 20 times the acreage position than they have now in Sabine County. They have always explored and have been very successfull in the deeper part of most plays. I do not understand why they have been so limited to date of the exploration of the best part of the Haynesville shale play. If they don't get started very soon, they will lose alot of needed profit to shareholders. Devon and Crimson are believers by drilling in San Augustine county. Looks like Range Production will prove Sabine productive after they drill the 2 wells that they have planned now.
Comment by Skip Peel - Mineral Consultant on August 6, 2009 at 6:24
From Today's Oil & Gas Journal On-line


Texas-East

Published: Aug 5, 2009

By OGJ editors
HOUSTON, Aug. 5 – Devon Energy Corp., Oklahoma City, said it has substantially derisked 74,000 of its 110,000 net acres in the Haynesville shale gas play in the greater Carthage, Tex., area and has identified about 800 drilling locations on the acreage.

The company estimated a resource of more than 3 tcf of gas equivalent on the 74,000 acres.

Devon is drilling a well in San Augustine County to evaluate its acreage in the southern part of the Haynesville play.
Comment by jffree1 on August 3, 2009 at 10:06
Here's a link, Cheerleader.

http://www.gohaynesvilleshale.com/forum/topics/southwestern-cabot-common
Comment by Cheerleader on August 3, 2009 at 9:53
ALongview,
I can't find your post in East Texas Shale News which jffree is referring to, on this site, on July 28th. Which abstract is this permit in and what does JOA stand for. I am assuming a joint permit. Thanks
Comment by jffree1 on July 28, 2009 at 14:03
Hey guys, ALongview had a good post in East Texas Shale News. Cabot, Southwestern and Common Resources filed a JOA on acreage in San Augustine to drill the Haynesville/Bossier.
Comment by Lessor on July 28, 2009 at 13:55
Drill baby drill!!!! Told you that was an interesting area.
Comment by intrepid on July 27, 2009 at 16:57
jffree and Doug, I agree!
Comment by Doug Fitzgerald on July 27, 2009 at 16:10
I'm thinking if there is already wells putting out 500 barrels of OIL a day in adition to the gas that there might be a real gusher discovered soon.
Comment by jffree1 on July 27, 2009 at 14:12
I think they still need to drill some wells to hold acreage. Might as well drill for something that's gonna make money.
Comment by intrepid on July 27, 2009 at 8:44
Doug, It sounded like to me they are looking to develop their resources any way they can to maximize return. Sounds good to me. I'd rather sell gas later than now if the price is better. Is that close to what you got out of it?
 

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