Wiggins H

7.4 MMcfd, 22/64 choke, with 5450 lb per sq inch flowing casing pressure. 9 fracture stages pumped in the 3455 ft horizontal lateral.

Can someone tell me if what specifically all this means. Do these numbers represent a good producing well?

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Permalink Reply by Les Bamburg on November 28, 2008 at 18:19
Coach, the flow rate and pressure were reasonably good and comparable to the results in the Martin Field. Wells drilled to the Haynesville Shale in this area should be economic.
Permalink Reply by msfva on November 29, 2008 at 3:44
KB,
I think it's in RR Parish. Around 13N, 8/9 W.
Permalink Reply by Les Bamburg on November 29, 2008 at 4:43
KB, EnCana tested the JW Adcock #H3 Well (S15-T13N-R9W) at 8.0 MMcfd in the Martin Field.
Permalink Reply by Coach_SC on November 29, 2008 at 4:18
What does it mean when you refer to the wells in this particular area as economic?
Permalink Reply by Les Bamburg on November 29, 2008 at 4:49
Coach, I mean horizontal wells drilled in this area of Red River & Bienville Parish with an initial rate of 7 - 8 MMcfd should recover sufficient reserves and generate an acceptable rate of return to justify the capital investment. I would also expect Questar's initial well rates to improve as they learn more about the completion of Haynesville Shale wells.
Permalink Reply by Grayling on November 29, 2008 at 4:52
Les, any word on the Ashland Field which is a few miles from the Martin Field.
Permalink Reply by Les Bamburg on November 29, 2008 at 6:11
Grayling, I have not seen any Haynesville Shale wells permitted that far east but with time that could change.
Permalink Reply by Coach_SC on November 29, 2008 at 5:08
Thanks Les. Should someone anticipate additional horizontal drilling within this section with the results of this well?
Permalink Reply by Les Bamburg on November 29, 2008 at 6:13
Coach, I would definitely anticipate additional horizontal wells drilled in that section but it may take some time as Questar evaluates other sections.
Permalink Reply by Spring Branch,mineral owner on November 29, 2008 at 15:31
More like 23-25 miles from 15/10, S36 to 17/6, S36.
Permalink Reply by Two Dogs, Pirate on November 29, 2008 at 12:42
Check out El Paso's #235165, who needs anything more and oil to boot.
Permalink Reply by Bobi Carr ("parker") on November 29, 2008 at 13:14
Professor Two Dogs,

Can you check this student's homework?

247286 MCF gas x $6.00 (estimate) = $1,483,716

Divided by 640 (acres) = $ 2,318.31

Multiplied by 22.5% (no cost royalty = $ 521.62


Am I figuring this correctly? Is this the royalty for one month for one acre?

If it in not correct please tell me the correct way to figure it.

THANKS

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