Replies to This Discussion

Permalink Reply by ken hatcher on December 22, 2009 at 3:20

Seems no company wants to make a big announcement in sabine parish....leasing going smoothly at 5-6 k .

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Permalink Reply by Henry on December 22, 2009 at 4:23

Ken,
The topic of leasing is where I want to go with this discussion.... If these wells are very good (and I'm asking for some of the experts to chime in), then people in Sabine Parish should be asking for bonuses higher than $5-6k. There are multiple reports on this site that people today are getting in excess of $10k. Maybe Sabine Parish, which also sits on top of the Mid-Bossier Shale, should command at least $10k, too??

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Permalink Reply by Bacon on December 22, 2009 at 3:24

A 14/64 at about the same pressure was doing about 10mmcfd.

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Permalink Reply by Pud Puller on December 22, 2009 at 4:26

Why should they produce high rates of gas at below breakeven prices? The wells are on small chokes with very high pressures so they probably would produce more if opened up. They are doing the royalty owners a favor by waiting for higher gas prices later.

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Permalink Reply by Skip Peel - Mineral Consultant on December 22, 2009 at 4:40

The rising formation pressures experienced in the wells in the southern reaches of the Play, including Sabine, will necessitate production on tight choke settings to avoid near wellbore formation damage. Open the flow on one of these 8000+# wells and you can blow all your proppant out of the formation and cause it to collapse around the perforations in the well bore. Then you can write that $10M well off and start drilling another one to replace it. IMO, production on tight choke settings in areas of high pressure has absolutely nothing to do with influencing leasing.

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Permalink Reply by Les Bamburg on December 22, 2009 at 17:43

Skip, these wells could likely be opened to larger chokes (14/64") and flowed at +/- 15 MMcfd without causing damage. The reservoir pressure is probably only about 10% to 15% higher the northern RRP wells so would not necessarily cause a loss of proppant at those higher rates. The restricted rates could be more about low natural gas prices and limited downstream pipeline capacity.

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Permalink Reply by Henry on December 22, 2009 at 7:43

i guess I wasn't clear.... I don't want to open up the chokes. I have no desire to see anyone blown up.

All I want to know is if anyone can tell me whether these wells might be comparable, say in EUR, to the wells further north. We cannot compare them on IP because they are so choked down. And maybe we don't yet have enough data. But I'm looking for insight as to how good the Haynesville Shale is in the southern region, when we have only a few wells from which to learn.

Also, in the southern region, because of the restricted flow rates, should a mineral owner expect a low, but steady production over the first several years? (As opposed to the wells further north with their 85% decline rates.) I'm trying to understand how the southern part of HS differs from the northern part. And trying to understand if it is better or worse.

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Permalink Reply by Skip Peel - Mineral Consultant on December 22, 2009 at 9:13

Henry. There is insufficient data at this time. Maybe we will know next year.

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Permalink Reply by Spring Branch,mineral owner on December 22, 2009 at 9:51

If one excludes the Bossier Shale and stays south of I-20 , I personally think in Louisiana there is as much difference between the Eastern and Western Haynesville Shale as there is between the Northern and Southern locations. This ought to raise some comments.

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Permalink Reply by Skip Peel - Mineral Consultant on December 22, 2009 at 10:07

Yep, and as much as I would like to comment, I can't. I am off to the mountains for the holiday. Wishing Spring Branch and all the GHS members a fond farewell and a Happy Holiday Season. Do me a favor and keep this thread going until I get back. It should be interesting.

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Permalink Reply by LesterG on December 22, 2009 at 15:30

Have a safe and wonderful holiday Skip, and to all on GHS.... and the world.

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Permalink Reply by jr on December 22, 2009 at 17:28

alot of activity by encana in the pleasant hill belmont area going on. many new wells coming in that area!!!!

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