Replies to This Discussion

Permalink Reply by Snake Stewart on July 19, 2008 at 0:50

Hello Deepdriller ,
They now estimate that the Barnett Shale holds 20 % of the total volume that the Haynesville Shale holds. Geographically the Haynesville is starting to become a larger area as well, as the rigs spread out to find the edges.It will be some time before we know the final guestimates but at the present time I would say that 4 1/2 to 5 times more production would be a better mathmaticle comparison. That is hard for most of us to truly understand.

• ▶ Reply

Permalink Reply by Kevin McCarthy on July 19, 2008 at 1:45

In a word, no. Aubrey McClendon has said that the Haynesville Sale may have a LOT more natural gas than the Barnett shale but that doesn' mean individual wells or acreage will produce at a rate more than a comparable Barnett play

• ▶ Reply

Permalink Reply by Snake Stewart on July 19, 2008 at 2:33

If the acreage is similar sized ,wouldn't well production have to increase to compensate for additional volume contained in the shale ? H/S has moved into #4 largest field in the world.

• ▶ Reply

Permalink Reply by Les Bamburg on July 19, 2008 at 3:44

DD, yes an average HS well is being projected to produce ~ 6.5 billion cubic feet of gas (Bcf) by several companies while the average Barnett Shale well is about 2.1 Bcf. Part of this is related to an HS section (640 acres) containing ~ 50 Bcf of recoverable gas versus the BS section with 22.2 Bcf. Second, the HS will be developed on 80 acre spacing and the BS on 60 acre spacing or less. Chesapeake appears to be projecting the "core" area of the HS to be 2 to 2.5 times larger than the BS core.

• ▶ Reply

Permalink Reply by Kevin McCarthy on July 19, 2008 at 5:34

Thanks, Les....I didn't know about the spacing. I still think the average production in the HS will be closer to 4.5-5 Bcf but that's still terrific. I hope they all come in for y'all like Petrohawks "Sweet 16 Monster" did.

• ▶ Reply