Replies to This Discussion

Permalink Reply by Donald Wright on December 8, 2010 at 6:43

See News Release,
http://finance.yahoo.com/news/Mainland-Successfully-prnews-11886557...

Permalink Reply by Paul M. Hess on December 8, 2010 at 7:53

While they await the results of the tests Core Lab will run, I wonder what the mud log has been showing as to gas amount indicated and the levels of methane, ethane, propane, etc. detected by chromatograph in the mud returns since they penetrated the Haynesville?

Permalink Reply by rusell shleby on December 8, 2010 at 7:54

From what I have heard, they have had over 75 shows since drilling started.

Permalink Reply by Les Bamburg on December 8, 2010 at 10:16

Paul, at that depth one would anticipate a fairly "lean" natural gas composition but we shall see.

Permalink Reply by Paul M. Hess on December 9, 2010 at 1:44

Agreed, Les! However, there have been instances in the past where high pressure and temperature reservoirs at depth have yielded reasonable NGL content. I just cannot remember where. Reservoir and source rock all in one always makes for an interesting play. A reasonable NGL content would add greatly to the value of the well. I hope it will be one of those rarer accumulations. As you said, "we shall see".

Permalink Reply by jeff boler on December 11, 2010 at 13:21

Paul, I believe that might be referring to the well log I posted a few weeks / months back... The well drilled out of out of the Bossier Shale into the Haynesville at ~23,400 ft [MD] and everything below the Knowles Limestone was one continuous oil show, save the top of the Norphlet which always has a wet, pink sand (this including the Haynesville Shale, a mid-Smackover Kick and nearly 500 ft of Norphlet Pay where we never found an OWC!!!). When looking at this log it is important for folks to consider the fact that all hydrocarbons are soluble in Deepwater SOBMs (or all OBMs for that matter)... This leads the vast majority of Oil molecules C-5 and above to become part of the drilling fluid. C-4 through C-1 manage to breakout at the shakers, but do so proportional to their molecular weight. So even when you see oil, it has high readings for methane which can be confusing- possibly being mistaken for a gas show, or condensate for that matter. This particular well was appraised @ 250 Billion Barrels of Recoverable Oil (how they arrived at this without an OWC I don't know). Rates of 100,000 Barrels/day are anticipated, but that will not be anytime soon though, they will have to build a new spar first. The Operators Geochemist said that the Oil was nearly the quality of gasoline & would require minimal refining, though I never heard a specific API Gravity number. This makes me think that it is on the Condensate side of Oil. This well, though 5 miles deep, never saw temperatures above 310 degrees F and that was only after penetrating the Louann, which increased the temperature of everything in the hole prior to wireline logging...

Permalink Reply by Skip Peel - Mineral Consultant on December 10, 2010 at 17:08

Report date 12/10/2010, 140 days drilling ahead @ 20,497'.

Permalink Reply by Skip Peel - Mineral Consultant on December 12, 2010 at 5:17

Ray, as mentioned several times by me in this thread, that you may or may not have missed, I'll comment on specifics when a completion report comes out.  I'm not impressed with the replies promoting the well.  I hope to be impressed by a reasonably good completion report.  And all the past posts my me and others that you take exception to are factual.  And will still be so after completion regardless of the results.  Anyone reading this thread can choose to believe whomever they choose.  That's the way it works here on GHS.

Permalink Reply by Two Dogs, Pirate on December 12, 2010 at 13:36

Hey GD, you want to ride that bull? Soon as I put my money into something, it is going to go South. Scared money don't win, evil women drink gin.

Permalink Reply by Two Dogs, Pirate on December 12, 2010 at 13:37

Screw with the Bull and you get the horn.

Permalink Reply by Two Dogs, Pirate on December 12, 2010 at 15:38

Dr. Strangelove being strangled by his on root.

Permalink Reply by rusell shleby on December 13, 2010 at 1:59

May this one be GREAT!!!!!

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