Soon after I started GHS, the need for a dynamic online tool became apparent. I wanted a site that would nicely compliment GHS and add to the GHS user's experience. I tried a couple a different options, but they stunk. It became obvious to me that this was something that could not be done on the cheap. So after a couple designers and "back-to-the-drawing board moments," we are finally ready to open up shalebiz.com for business. Future tweaks will be performed, but I am thrilled with the potential of this website.
Some of ShaleBiz.com's features.
Market Place Ad Listings, Water Resource Listings, Lease Offer Database, Royalty Calculator, Resume Database,
Linda, in my opinion the Haynesville Formation in Township 19 North, Range 9 West is sand, not shale. There is no current publicly available data indicating any areas north of the extreme southern portions of the 18N townships in ranges 13W through 10W are prospective for the Haynesville Shale.
Will-Drill was purchased by PetroHawk from the owner of JAG operating in July or Aug of last year for 288 million Dollars. PetroHawk also owns KCS which drills in Bossier and Jackson Parishes under the KCS name. A vertical well will hold the section until they have the time and money to drill the hortizonal leg. This is a reason you should add a revision sheet to their lease to specify any Haynesville drilled well would have hortizonal wellbore in the Haynesville zone. Some companys are drilling the vertical well and logging it then bringing in a larger drilling rig to drill the hortzional part.. it is more cost effective since the larger rigs cost around $40,000 per day and the smaller rigs half or less.
Just dropping by to say hello. Have one "shale" of a day. Also, there some new profile questions. Check those out by clicking HERE. We are also coming up on our 10,000th member. Be sure to celebrate with me. Click HERE for more about that.
Melinda, Here isa followup to my post earier this evening. This is a quote from one of Bruce's posts:
"We will be planning committees and assignments and we will have a speaker to touch on the tax/financial aspects of our windfall when we recieve our payments. Also we are in the process of trying to contact a geologist from the Shreveport area to discuss the salt dome effect and other environmental impacts to our area. Please remember we are a no fee, no percent group who wants everyone to receive every penny that they deserve. "
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More