Domain: tiger-web1.srvr.media3.us Haynesville Shale North of Benton?? | Page 2 | Money Talk
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re: Haynesville Shale North of Benton??

Posted on 7/18/08 at 7:11 pm to
Posted by 9Fiddy
19th Hole
Member since Jan 2007
66732 posts
Posted on 7/18/08 at 7:11 pm to
Is this a TigahRag alter? It sounds eerily familiar. "I know something you don't, and it is worth a BOOM. I will not tell you what it is however, just live knowing I know more than you."

Posted by GeneralLee
Member since Aug 2004
13963 posts
Posted on 7/18/08 at 7:15 pm to
Nope, I don't know who TigahRag is. I've had this screename since 2004. My writing style is very unique, i'm sure if you really looked into it there are obvious differences in the way i write and type vs. others.

Oops.... were you talking about me or flop?
This post was edited on 7/18/08 at 7:16 pm
Posted by Flop
Member since Jul 2008
132 posts
Posted on 7/18/08 at 7:18 pm to
nobody pulled your chain.
Posted by 9Fiddy
19th Hole
Member since Jan 2007
66732 posts
Posted on 7/18/08 at 7:31 pm to
quote:

Oops.... were you talking about me or flop?
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 7/18/08 at 8:05 pm to
What kills me about the PD landowners is that you can offer them a lease that would of been the best lease in Louisiana this time last year and they'll laugh in your face. What they don't realize is that the HS hasn't affected their land. Some landowners with 100-200 acres will be wishing they had taken the 50-75K offered to them. The oil companies will go around them and they'll get nothing because no matter how hard you can WISH it is there, it's not. The landowners think they can bluff the OG companies to thinking their land is worth more now. When landmen offer to exclude a formation, they're pretty sure it's not there or they wouldn't do it.
This post was edited on 7/18/08 at 8:06 pm
Posted by Rantavious
Bossier ''get down'' City
Member since Jan 2007
2125 posts
Posted on 7/19/08 at 11:53 am to
quote:

I agree, but as you no evidence is sometimes skewed!


Flop, i'll let you run with this theory. I'm a complete layperson on this subject, but O&G sandbagging the numbers to cool the mania in what are perceived to be "fringe areas" is a viable theory IMHO.

You are right. According to my landholder friends in PD...there is interest in the PD area. Does "interest" = Hshale? We shall see. My money is still on TD83! But I think your post does underscore the point that there is gas all over NWLA.
Posted by Flop
Member since Jul 2008
132 posts
Posted on 7/19/08 at 1:13 pm to
I appreciate your comment. I did not make this information up. I am happy for the people of that area. For a while, it appeared those people were going to be left out, right in the middle of a horseshoe. I hope it works out for them. I also have friends there that it may help tremendously.
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 7/19/08 at 2:10 pm to
Help them out?????No one, and I repeat no one, thinks the Haynesville Shale is up there. The big boys say they wouldn't give you 200/acre up there. Since you think it is so good, let me know who is up there so I can call your bluff.
Posted by Flop
Member since Jul 2008
132 posts
Posted on 7/19/08 at 2:36 pm to
I should know more later this week. After reading some of your earlier posts, Pittboss, you should be glad to hear this news?? I can assure you my sources are legit!!
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 7/19/08 at 2:48 pm to
I know from looking at well logs and knowing prior test wells in the area that the Haynesville is a sand formation up there, there is no other way to say it. I would love for it to be up there to help out the citizens of my hometown but it aint gonna happen, I don't care who the sources are.
Posted by Flop
Member since Jul 2008
132 posts
Posted on 7/19/08 at 2:54 pm to
I guess we can both agree, "I hope you are wrong." The people I talked to have plenty of money and knowledge. Will keep you posted.
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 7/19/08 at 3:03 pm to
All this is doing is costing all the landowners who will now hold out for something that is never coming. That's what is sad.
Posted by Flop
Member since Jul 2008
132 posts
Posted on 7/19/08 at 4:26 pm to
I respectfully disagree. As you and several others have mentioned before on here, they can always exclude the HS region in the lease. Right?
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 7/19/08 at 5:15 pm to
Yes, they can exclude it and that is a good solution. But they think the HS prices should make their lease excluding the HS worth more. A year ago, you could get anybody to sign for 200/acre and 1/5 royalty, now they want a lot more. They just won't always get it.
Posted by Flop
Member since Jul 2008
132 posts
Posted on 7/19/08 at 7:42 pm to
Very true! If it were my land, I would take the lease, exclude the HS and hope for another lease. That just makes good economical sense to me.
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 7/19/08 at 9:11 pm to
I thought you had land up there????
Posted by Flop
Member since Jul 2008
132 posts
Posted on 7/20/08 at 6:45 am to
I never said I had land up there. If you will go back and read all of these postings, you will see that I never said that. I now wish I did!! Don't you??
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 7/20/08 at 7:00 am to
Not really, because there's no shale up there.
Posted by GeneralLee
Member since Aug 2004
13963 posts
Posted on 7/20/08 at 8:44 am to
I think what probably happened here is that whatever info Flop got was the 3rd or 4th rendition of it. So somewhere along the way... Haynesville sand got translated to Haynesville shale. My guess is there may indeed be a good Haynesville sand well up in Plain Dealing, but there is no Haynesville Shale.
Posted by TigerDog83
Member since Oct 2005
8811 posts
Posted on 7/20/08 at 9:03 am to
Flop posted on another site that there was already a well drilled to 11,600 feet that was producing oil and gas. My guess is that is the Gray sand/Smackover well drilled by Berkshire Operating. Definitely not the Haynesville shale. And there have been quite a few wells drilled to the Gray Sand around Rocky Mount, many completed either in the Gray sand or the Cotton Valley. They all have been drilled through the Haynesville formation. I've seen logs on a few, and nothing would indicate that the shale is present. Throw in the total dry hole drilled by Samson in Township 21N last year that had no shows and no shale section and things don't look too bright for North Bossier being in on any of the Haynesville shale action. Somebody could be leasing on Cotton Valley, Gray sand, etc., but the shale is almost certainly not there.
This post was edited on 7/20/08 at 9:04 am
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