Submitted 06/17/2009 682268 DEVON ENERGY PRODUCTION CO, L.P. (216378) KARDELL, S. GU 1 H 06 SAN AUGUSTINE Horizontal, Vertical New Drill - 18500 Mapping
Dang!
This is great news for all of us in San Augustine, but really good for those of us with holdings within T.Quirk!
Devon's well is within 'spitting' distance of two of my families leases... Hope all of the other players are paying attention... maybe some more companies will pop in some more holes now!
"With a flow rate of more than 30 million cubic feet per day, we believe the Kardell well is the highest rate well ever drilled in the Haynesville Shale. This is clearly a very positive development for the southern portion of the Haynesville Shale play," said David A. Hager, executive vice president of exploration and production. "We plan to go to a five-rig program in 2010 in this southern play area. Our longer-term objective is to continue to systematically evaluate and de-risk our entire Haynesville Shale position."
Interesting overview of the North American shale plays and the revolution in unconventional plays from a recent Northeast Energy Association presentation - note the slide near the back on potential daily production from the Haynesville, very impressive - http://www.necanews.org/dev/documents/090922_pflug_gerhard_1.pdf
SKILLERN GU - Well # 1
2.2 miles east of San Augustine
This must be near the Kardell well I assume, looks like only a 'stones throw' if I have my distances and bearings correct (no telling). Only 14,500 TD versus 18,000 for Kardell. Wildcat
If anyone knows anything about what is going on please post! Thanks
The horizontal on this one is only 778 feet. That seems odd. Any thoughts? Could Devon have picked up some faults in the area and has limited their horizontal?
Maybe its the mother load after all and that's why Devon is selling all off shore assets.