Chesapeake Announces Three Well Results (7/30/09)

Three notable wells completed by Chesapeake in the Haynesville during the 2009 second quarter are as follows:

The CLD 23 H-1 in Caddo Parish, LA commenced production on June 22, 2009 and achieved a peak rate of 29.1 mmcfe per day and a pipeline-constrained first 30-day average rate of 15.3 mmcfe per day.

The Frith 29 H-1 in De Soto Parish, LA commenced production on June 27, 2009 and achieved a pipeline-constrained peak rate of 23.7 mmcfe per day and a pipeline-constrained first 30-day average rate of 14.2 mmcfe per day.

The Chesapeake Royalty LLC 30 H-1 in De Soto Parish, LA commenced production on June 27, 2009 and achieved a pipeline-constrained peak rate of 22.6 mmcfe per day and a pipeline-constrained first 30-day average rate of 15.2 mmcfe per day.

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Permalink Reply by JD on August 2, 2009 at 2:02
Does anyone know what the choke and psi numbers were for these 3 wells?
Permalink Reply by Les Bamburg on August 2, 2009 at 2:37
John, that information is not yet available on Sonris and Chesapeake did not include in the press release.
Permalink Reply by JD on August 2, 2009 at 4:10
Les B - Exactly. They open up the pipes when they want positive results for a press release. They choke the pipe down (Southern DeSoto and Sabine) to show lower results in areas they hope to strike new leases. Lower expectations means lower signing bonuses. Any thoughts?
Permalink Reply by Grillin' - MmmMmm on August 3, 2009 at 2:12
They did mention that all three wells were pipeline constrained, so you can bet they aren't flowing a full capacity/capability!
Permalink Reply by alleyboy on August 2, 2009 at 2:56
shucks,
And I thought i
1 acre with one well was gonna MAKE ME RICH. I'VE got enough dough for chicken feed already. TAKE ME BACK TO THE WAGON FOLKS, THESE FACTS ARE KILLIN' ME.

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