Replies to This Discussion

Permalink Reply by Checkmateking on May 23, 2009 at 10:13

The sweet spot, or core area, im my opinion would be from 12-16N and 10-14W, as of now of course.

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Permalink Reply by danny meyers on May 23, 2009 at 16:05

T15n-R15w ain't bad

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Permalink Reply by Checkmateking on May 24, 2009 at 3:25

There is no Shale play in Lincoln or Claiborne Parishes, do you have to muddy up every thread with this nonsense?

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Permalink Reply by Two Dogs, Pirate on May 24, 2009 at 7:37

Graysands I don't know crap about no log. I am a leasehound not a rockhound. I for one think that the shale may go into your territory and pray that it does. I also think that it is going to go way more to the South and that the southern wells are going to make todays sweet spots look like small potatoes. I am hoping that the North half of Rapides Parish becomes the biggest sweet spot, just like you are wanting your neck of the woods to be in the play. I only post under Two Dogs.

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Permalink Reply by Bear Dog on May 29, 2009 at 0:24

http://www.nola.com/business/index.ssf/2009/05/haynesville_shale_co...

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Permalink Reply by DaddyT on May 29, 2009 at 3:06

Bear Dog,

Interesting article, you might want to bring this article to the front page so it does not get lost in the "Sweet Spot" discussion. More people might want to read this that did not see it.

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Permalink Reply by Bear Dog on May 29, 2009 at 4:08

DaddyT, please feel free to move link to the correct place or tell Me exactly where to post it, dont know My way around yet!
Thanks

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Permalink Reply by w.r. frank on May 24, 2009 at 6:24

I always say to "follow the money" to find the sweet spot. According to Les B's May 15 drilling rig reports, there were 70 active rigs drilling the HS in the following parishes:

Desoto-38
Red River-14
Caddo-9
Bossier-4
Bienville-4
Sabine-1
Natchitoches-0

Since January 1, 2009, Desoto permits have exceeded the combined total for the other six parishes.Red River is in second place. So, the current and future money is in and headed for Desoto and Red River.

Now if we can contain Gray to the Claibourne Parish discussion group until one single company pulls a permit or drills a HS well, perhaps we can get useful information on this site. I hope Gray gets a well and makes a zillion dollars, but he is adding no information on the HS.

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Permalink Reply by BirdDawg, plain ole' idiot on May 24, 2009 at 8:21

Gray,
I am going to erase all of my previous post on this discussion just to clean it up.

But I really don't understand your question.

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Permalink Reply by w.r. frank on May 24, 2009 at 15:55

Thanks if you move this to the Claibourne group!

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Permalink Reply by DaddyT on May 24, 2009 at 14:57

OK, my read from this is that DeSoto Parish and Red River Parish is the main area of the play and if I understand what you people are telling me this is the "sweet spot". I did not mean to get people in Lincoln, Claiborne and Caldwell upset. I only would like my questions answered? Not to have people bickering back and forth. The question is does anyone really know where the sweet spot is, not the outer areas of it. W. R. Frank reported the number wells so it looks as if the sweet spot must be in the middle of Desoto, since it seems to be the place the most wells are being drilled. Or, is it the wells are being drilled to hold leases, and that is the area that is being drilled one well per section to hold the leases?

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Permalink Reply by w.r. frank on May 24, 2009 at 15:50

IMO, there is no question that lease expiration is a part of the decision, but even then, IMO, economics drives the decision. If you had two leases expiring in the same month (say October 2009), one in 14N, 13 W (Desoto), near the XCO 20+ IP wells, and one in 17N, 15W (Caddo), which would YOU drill?

Also, the price of gas doesn't matter in choosing between two drill sites (units), it is the present value of the net cash flow from volumes produced. Each site gets the same price!!!

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