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Comment by DR on March 30, 2009 at 7:00

Crimson had their conference call today. The CEO said that several significant wells have been drilled by some operators and that well result info will be made public soon. Overall very positive comments about this area. They plan to drill one or more wells starting in the 3Q. They are looking to bring in a JV partner. Crimson has 13,000 net acres. Cabot announced that they are looking for a JV as well for their >60,000 net acres. This area and well results must be good for them to think they can bring in JV partners to put up drilling $$$ at this time.

Comment by JWC on March 30, 2009 at 6:15

From OilVoice on the Web:
Chesapeake Energy and others are very busy in the Haynesville Shale now. From Desota Parish,La to the southwestern part of the play into southern part of Shelby County, Texas.The deeper part of the play in San Augustine County ,Texas has seen several operators test the Haynesville ,but have not released any production numbers yet. Several companies are planning Haynesville Shale wells in Sabine,County Texas. Chesapeake,Devon,etc. have leases in Sabine County, Texas. The better wells should be at these deeper depths in this play.

Comment by JWC on March 25, 2009 at 6:06

Good map DR. Thanks for posting. Bring'em on down..

Comment by DR on March 24, 2009 at 14:24

Cabot increased their acreage around their County Line project in the last few months. Cabot has now drawn the area for the Haynesville/Bossier shale much further south into San Augustine and Sabine county. Similar to how Encana and Common Resources are mapping this play. It also seems that the County Line project is gaining emphasis.

Page 10-11
http://www.cabotog.com/pdf/Howard_Weil_2009.pdf

Comment by jffree1 on March 9, 2009 at 10:06

For the operators who may not be proficient in drilling hz. and/or shale, a vertical gives them well data and some production, albeit smaller than a hz. would. The data can be shared (or sold) to anyone interested in the area and also may be used to try to entice JV interest.
They also may be just looking at trying to HBP acreage, where they might come back at a later date (after acreage is held and, maybe, after market prices improve) to do the lateral if there is a good show (of gas). Several reasons for drilling a vertical Haynesville Shale well, I've been told.
That is one good reason to be particular about who you lease to. If the operator doesn't have hz. or shale experience/expertise and is not JV'd with someone who does, you stand the chance of being HBP'd forever and ever, amen, by a vertical well that may not be a great producer. HBP only has to have production "in paying quatities" and doesn't have to be a "MONSTER" well to hold your land.

On another note:
There is currently at least one "coalition" (participants a secret, of course) of O&Gs who are sharing well data to further the learning curve as well as to define the boundaries of the Haynesville, which is great. But I think at some future date you will hear that the Bossier Shale (above the Haynesville) will be much better over here than the Haynesville is. There are several formations which may be productive in E. Tx..

Comment by JWC on March 9, 2009 at 6:01

Good map DR. Thanks. Lot more coming out now on the regions of the play.

Comment by DR on March 9, 2009 at 4:12

Interesting map:

http://www.bossierville.com/

Comment by etx44 on March 9, 2009 at 3:21

one 12 miles SE near Etoile, all at 14000 or 15000 feet

I should have said SW near Etoile, also it is the only one permitted only vertical.

Comment by jffree1 on March 8, 2009 at 12:39

Well, now that I've looked at the Encana map (good one too, JWC), it too has the extension down into the SW, into what looks like western SA Co.
I wonder how much it will change as the play matures. Substantially, I imagine.

Comment by jffree1 on March 8, 2009 at 12:26

DR, Thanks for the link re: Common Resources. Good maps. Did you note the difference in how the shale (unconventional trends) appears on their map as opposed to say CHK map (it looks more like a question mark than the usual oval laying NE to SW)? Do they know something the others don't or does that just indicate where leasehold is located? Of course, no matter who's map you look at, the shale is depicted differently, to some extent.

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