Add a Comment

Comment by jffree1 on April 6, 2009 at 12:37

Well, I didn't take the time to scroll down, I got so excited, LOL. DR beat me to it.

Comment by jffree1 on April 6, 2009 at 12:36

Their first HA well was in central DeSoto Parish, Spider Field.

Comment by jffree1 on April 6, 2009 at 12:34

Here's the link if you want to read the whole thing.

http://www.rigzone.com/news/article.asp?a_id=74805&rss=true

Comment by jffree1 on April 6, 2009 at 12:33

I thought this was kinda interesting...

St. Mary Land & Exploration Company Monday, April 06, 2009

Excerpt:

St. Mary has 10,000 net acres with potential for the Haynesville Shale in Louisiana, 4,200 of which are located in the Spider Field. The remaining 40,000 net acres of the Company's total 50,000 net acres are located in East Texas. St. Mary's second Haynesville well has commenced drilling in northern San Augustine County, Texas. After coring the Haynesville section, this well will be drilled down to the deeper Cotton Valley Lime formation for evaluation purposes. St. Mary currently expects to complete the well as a vertical Haynesville test.

Comment by ALongview on April 6, 2009 at 8:50

St Mary, along with many others these days seems to be in capital preservation mode.

Comment by Sandstone on April 6, 2009 at 8:16

It will be more encouraging if they are acquiring land for trunk lines, gathering system, for multiple wells!!

Comment by ALongview on April 6, 2009 at 8:04

I agree with you on that. Hopefully it is a good sign that they are aquiring land for pipelines already to get the gas out.

Comment by Sandstone on April 6, 2009 at 7:48

If the vertical tests aren't good they won't bother going horizonal. That is the news we DON'T want to hear! LOL

Comment by Sandstone on April 6, 2009 at 7:41

I think this is a way for them to hold down expenses drilling the well. Permitted this way, they can drill and test the vertical zones before they go horizonal without getting a new permit. If they had permitted it vertical they would have to get it repermitted to go horizonial. Horizonal permitting allows either vertical or horizonal.

Comment by ALongview on April 6, 2009 at 6:23

All of their presentations have this well as a vertical test yet the well in the Quirk grant was permitted as a horizontal. I am assuming this is either a good sign or a path to a quicker return of investment for st mary. Thoughts?

• ‹ Previous
• 1
• …
• 45
• 46
• 47
• 48
• 49
• …
• 80
• Next ›
• Page