Replies to This Discussion

Oil & Gas ProPermalink Reply by Les Bamburg on May 4, 2009 at 4:34

SB, could it be Section 2 of 14/15 instead?

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Permalink Reply by BirdDawg, plain ole' idiot on May 2, 2009 at 16:17

I never put much stock in fat women anyway.

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landownerPermalink Reply by Spring Branch,mineral owner on May 2, 2009 at 22:45

I don't disagree with you, Jim. But if you give me a choice today between owning an interest in a well with an IP of 20 million amd a well with an IP of 10 million, I would choose the same one that you would choose.

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landownerPermalink Reply by Spring Branch,mineral owner on May 4, 2009 at 16:30

I thought we were discussing the Haynesville Shale. Assuming the entire lateral is fraced and producing, my money is on the wells with the highest IP rates. I believe they will eventually have the highest EUR's, with few exceptions, in the Haynesville. Others say it is like the tortoise and the hare and the tortoise will eventually win out. Personally, I'll take the hare every time, all things being equal.

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Oil & Gas ProPermalink Reply by Les Bamburg on May 4, 2009 at 16:42

Jim, come on let's be fair. Those are Bossier Sand wellsrather than Bossier/Haynesville Shale wells.

I remember one of the first wells in the Arun Field in Indonesia that produced at 150 MMcfd but had a flow capacity of 500 MMcfd. But that was a limestone reef with unbelievable permeability.

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Permalink Reply by Caroline Keddy on May 4, 2009 at 10:03

Can you post the data/information on Mainland Resources Inc.'s well ? Anyone have the well information on them- they are a independent/junior player in the shale.

Thanks-
C.Keddy

blog: www.naturalgasforamerica.com

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on May 5, 2009 at 2:31

Caroline. The Petrohawk wells that Mainland is a minority partner in are mentioned in the press releases available on the Mainland Resources website. http://www.mainlandresources.com/

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Oil & Gas ProPermalink Reply by Les Bamburg on May 5, 2009 at 4:09

Caroline, Mainland has participated in the two following wells as non-operator:

Petrohawk, Griffith 11 #H1 Well, Serial #238281, S11-T13N-R14W, Holly Field (Complete - see above)
Petrohawk, Stevenson Douglas 16 #1 Well, Serial #239085, S11(16)-T13N-R14W, Bethany-Longstreet Field (Currently Drilling)

Mainland has indicated a 3rd well will be spudded in August and I assume it will also be outside operated.

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landownerPermalink Reply by SL on May 5, 2009 at 1:01

All of you seem like you are in "the know." So, does anyone know anything about # 239228. I appreciate any input you may have. Thanks.

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Oil & Gas ProPermalink Reply by Les Bamburg on May 5, 2009 at 7:34

SL, the is some information in addition to Jay's note:

Nomac #49 Rig, Chesapeake, Smithburg 7 #H1 Well, Serial #239228, S7-T13N-R12W

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landownerPermalink Reply by Bacon on May 5, 2009 at 6:33

Keep an eye on 239383 - Rex Young 6H, It's Questars longest lateral to date (5000'). They're pretty excited about the potential.

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landownerPermalink Reply by Spring Branch,mineral owner on May 5, 2009 at 7:57

That well has its pad in Section 6, but is actually drilling Section 7 to the south. I question whether the lateral length in the Haynesville in Section 7 is that long.

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