Replies to This Discussion

Oil & Gas ProPermalink Reply by Les Bamburg on July 6, 2011 at 17:39

Brenda, no permitted Haynesville Shale wells in the section at this time.

 

Two good wells have been drilled and tested in adjacent sections.

 

Shell, Julia Swain 8 #1 Well, Serial #241844, S8-T9N-R11W, Sabine Parish, 16054 Mcfd, 20/64" Choke, 8900 psi Flowing Pressure

Shell, Godfrey L&T #1 Well, Serial #240845, S16-T9N-R11W, Sabine Parish, 11530 Mcfd, 18/64" Choke, 9800 psi Flowing Pressure

Permalink Reply by Brenda Brown Lyddy on July 7, 2011 at 2:10

thank you very much.  My lease is up in September, do you know if I can expect another offer for

 re-lease.  thanks again!

Oil & Gas ProPermalink Reply by Les Bamburg on July 7, 2011 at 2:56

Brenda, I would say 50/50 chance at this point depending upon the size of your acreage and the other current leases in your section.

 

Because several companies already have substantial drilling inventories it could be a few years before they lease additional acreage.