All things, people, companies, places & geology related to the Haynesville Shale play in Red River Parish.
Broadly speaking, the drilling activity in DeSoto and Red River Parishes into the Haynesville has historically been similar. Surely, DeSoto Parish has more often than not had more rigs working than in Red River Parish but the difference has not been great. There have been a few times when Red River Parish had more rigs operating than DeSoto. Now it seems that many more rigs are operating in DeSoto than in Red River. Is my perception correct? If I am correct, why the difference in activity? Is not the core of the Haynesville found in both parishes? What are drillers looking for and finding in DeSoto that is not to be found in Red River Parish? For the record, I have property and mineral interests in both parishes.
Skip Peel - Mineral Consultant
It's less about the quality of the rock (depending on specific location) and more about which companies own development rights where and the amount of capital dedicated to HA drilling in 2014. Since Dec. 1 DeSoto has 28 HA drilling permits: 14 by CHK, 10 by EXCO and 4 by J-W Operating. Red River has 6: 3 by BHP and 3 by SWEPI. All of these companies are drilling the best rock they have IMO. EXCO has always been one of the most active drillers and DeSoto is their piece of the core. CHK's recent increase in development also helps to create the wide difference in activity.
Mar 12, 2014
Doug Cox
Had initial offer today in Sec 12-12-11 for 500 per net acre and 1/5 royalty. Stood firm on 1/4 and they passed on the lease before we even discussed bonus.
May 27, 2014
Charles Edward Luke
I have property in Section 12, Township 14 North Range 9 West, Red River Parish.Is there any news of any activity in that area? Charles
Jun 29, 2014