EXCO has just released information from their annual analyst meeting. Included was a statement about two recent wells with initial IP's of 30.1 & 29.6 MMcfd. There are also maps of the Haynesville Shale and Bossier Shale plays.
It really depends on the "b factor" (shape of hyperbolic curve). With a b factor of 1, you easily get an EUR of 10 bcf, according to Marcia Simpson at XCO (Barnett & Woodford range from 1.5 to 1.75). See slides 119, 120 and 121 of XCO presentation.
If you get 1 or more, the $$$ will come back in multiples!!
Congrat's SB. You may want to invest in some "advisors" on how best to hide that money from the tax man! Unfortunately, it's kind of hard to do that! Legally that is! So I guess instead of drinks, you'll be buying us a new section of I-20!!
ANYBODY KNOW HOW THE HAYNESVILLE COLLABORATIVE SHALE PROJECT THAT IS GOING ON-IF IT WILL COVER TX/LOUISIANA..ANY RESULTS OR DATA OUT OF IT --INCLUDES EXCO, PETROHAWK, BP, COMSTOCK NO NAME A FEW OF THE COMPANIES;
May 2009
Object Reservoir's Haynesville CEP featured in TX Railroad Commission Newsletter
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