Ken, even though the well came on at a little lower rate I would not consider it a bust. You need to see a few months of production history before getting a good assessment.
Thanks, Ken. It was disappointing but we still have CHK to watch in Sabine Co. (for now). I keep hearing a persistent rumor that the county will be very busy next year.
Ken, thank you for responding to my friends request. Here is my email address to use to contact me direct and/or send pictures: walter@nettexas.org . The picture of the rig with rig name/number of well 242013 (in section 5) sure would be appreciated.
Here's hoping they get to your section 8 soon. Again, thanks for all your help and indates.
Ken, I don't have any more info than you do about CHK and Comstock. I am pretty sure you can set up direct deposit on your royalty checks. You still don't have a lease?
No, I haven't but I will. Forest is touting the Granite wash because of the oversupply of NG. Everyone is doing that (E&Ps are a bunch of Lemmings, LOL) and this winter, when storage volume goes down a little and the NG price goes back up a little... everyone will talk about shale gas... if asked. Part of the sea change is that the analysts are focused on oily plays on the tail of the gulf curtailment. I'm not worried... yet.
Ken, I just posted a comment that I was not sure if members had much interest in the Group. I stopped updating about 3 weeks ago and did not receive any comments so assumed if was of limited value.
Ken, They certainly seem to be moving in the right direction. Do you think that this James Lime development could be significant? Any good condensate production from that formation in the area in past wells? I know they drilled a number of horizontal James wells in San Augustine but mostly more dry gas. Most produced about 1 BCF in the first year or production
Ken, can you tell me what you know about- Sec. 27, t9n, r14w. It is in sabine parish, converse, under water. It is supposed to be at the landing (field?) off 191 just before 171---any info would be appreciated
Ken, it may take some time but I do think leasing could eventually get to that area. Both Petrohawk & EnCana have the play almost that far south and probably just need some more well results - especially the Forest Olympia Minerals 7.
"...do you think there will be leasing possibilities as far South as T-7,SECT32,R13-W?"
Ken, there seems to be something odd with the Ralph Webb 26 #H1 Well. I have asked ShaleGeo to take a look at this well and see if he has any thoughts. The initial information does not look good but I don't know what was the issue with the well.
Ken, That is due East of a lot of leases in Sabine County held by Devon, Endeavor, and Range to name a few and also just South of the Forest well that is said to have had good results. I would guess that it will be a good area but only more wells will tell the whole story. I hope it is a good area as we have minerals in two lease just West of you.
Ken - draft from Porter / Chesapeake was deposited. 9N / 13W --5K, 3 yr. Again, thanks to you and others for all of the information. I will keep watching Sabine closely. Are you leased? KB
Ken, I want to thank you, Keith, Skip, NuDog, etc. for all of the valuable information you provide. We signed last week with Chesapeake in the Converse 9N 13W area. We have around 80 acres. 5K per acre, 25%. 3 yr. Thanks to you all I had information to negotiate with. Clauses, % bonus, etc. We are very comfortable with the 5K. We had an attorney in Dallas review the lease. I'm thinking 6K or 7K would be a reasonable negotiating point if someone were contacted today in this area. They offered lower, but were quick to accept 5K. Although anyone can read this comment, I didn't want to post on the main pages, due to relatives and some degree of confidentiality. However, I wanted you to have the information to summarize if needed for the others. I hope it will be of help. 30 day draft. I'll still believe it, when I see it! Thanks, Kane
Ken hatcher's Comments
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Thanks, Ken. It was disappointing but we still have CHK to watch in Sabine Co. (for now). I keep hearing a persistent rumor that the county will be very busy next year.
Merry Christmas
Ken, thank you for responding to my friends request. Here is my email address to use to contact me direct and/or send pictures: walter@nettexas.org . The picture of the rig with rig name/number of well 242013 (in section 5) sure would be appreciated.
Here's hoping they get to your section 8 soon. Again, thanks for all your help and indates.
Walter C.
http://www.gohaynesvilleshale.com/group/drillingriglocations/forum/topics/sabine-parish-drilling-rigs?commentId=2117179%3AComment%3A1664473&xg_source=msg_com_forum
Amber Baker Project manager Natchitoches, LA 318-352-3532
Field office Mansfield
surface info. 318-871-0181
mineral info. 318-871-8932
"...do you think there will be leasing possibilities as far South as T-7,SECT32,R13-W?"
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