Domain: tiger-web1.srvr.media3.us Haynesville Shale | Page 18 | Money Talk
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re: Haynesville Shale

Posted on 6/17/08 at 11:28 pm to
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 6/17/08 at 11:28 pm to
Nobody will be up there looking for the shale. Look at any well logs, not just the two dry wells. People may be in north Bossier looking for Cotton Valley, but no shale.
Posted by dsquareg
texas
Member since Jun 2008
12 posts
Posted on 6/17/08 at 11:33 pm to
quote:

Nobody will be up there looking for the shale. Look at any well logs, not just the two dry wells. People may be in north Bossier looking for Cotton Valley, but no shale.


So what would you think a lease should bring for Cotton Valley and Haynesville Sand in that area?
Posted by flyb0y7
Shreveport, LA
Member since Jun 2008
5 posts
Posted on 6/18/08 at 12:12 am to
quote:

You can contact me at MyOilPro.com and I'll be happy to give you a little free advice.


Sent my contact info from your site, I'd really appreciate a reply. Thanks alot man.
Posted by justbill
Member since Jan 2008
99 posts
Posted on 6/18/08 at 6:29 am to
quote:


So what would you think a lease should bring for Cotton Valley and Haynesville Sand in that area?


Not much. Say, around $200-$250. It's not like there is going to be a mad scramble for leases there. Take the money and run, haha. Actually, take the money and hope they drill and hit a well.

You have to realize that Crystal drilled heck out of that area with very little success in the Haynesville SAND. But they did hit a couple of Cotton Valley barnburners and there has been some decent Pettet production here and there. But also realize that the Cotton Valley gushers they hit were very lenticular... means they thicken and thin and in this case, over a small area. So, they're not the norm at all. They are wonderful when you find them but they're rare and don't cover much area.
Posted by Magnolia
Member since Jun 2008
6 posts
Posted on 6/18/08 at 7:09 am to
Any advise or predictions for those of us who own land just south of Natchitoches. I know the Haynesville shale is deeper here. If the gas is there, is it too expensive to get to?
Posted by dsquareg
texas
Member since Jun 2008
12 posts
Posted on 6/18/08 at 11:24 am to
justbill

thanks for the response, there is some rework activity in the area
Posted by LSU28605
Baton Rouge
Member since Jan 2006
973 posts
Posted on 6/18/08 at 4:00 pm to
What companies should I invest in?

Would investments in Petrohawk, etc. be good long term investments?
Posted by strike4ce
Member since Jun 2008
18 posts
Posted on 6/18/08 at 5:15 pm to
What does anyone know about El Paso Corporation (EP) still cheap compared to others, some holdings in the Haynesville play, but not sure if there holdings are in the heart of the play or not.
Posted by msesh
Atlanta, GA
Member since Jun 2008
27 posts
Posted on 6/18/08 at 7:09 pm to
What I cannot understand it if it is too deep in Natchitoches Parish then why are they doing shoots there. It cannot be to only define the boundaries because forty years ago we were told by Placid Oil that we had NG. They said at that time they did not have the equipment to get at it and it would be expensive (Natural Gas was cheap) but, down the road with equipment development and the rising cost it would be profitable. So why bother doing shoots there if they know it is too deep already from previous studies. I would appreciate any answer to this as I am not O&G trained. We are in Northeast Nat Parish. Thanks,
Posted by justbill
Member since Jan 2008
99 posts
Posted on 6/18/08 at 7:32 pm to
quote:

They said at that time they did not have the equipment to get at it and it would be expensive (Natural Gas was cheap) but, down the road with equipment development and the rising cost it would be profitable.


This is what we hear all over the place. I don't mean to degrade you, I am just making a point. Every time you talk to a landowner about leasing their land, no matter where it is, somebody in their distant past knew some driller that said that natural gas or oil is on their place. Hey, it's here! We got it! Baloney. Drillers (most of them) don't know jack. Except about drilling. Geologists and engineers and PROFESSIONAL landmen know a few things.

Northern Natchitoches, at this time, is a maybe. I am hoping it turns out good but I don't know a single oil and gas worker that would bet the farm on it. It's speculative. Here's to hoping it turns out good for you. I really do. I hope every single person in the ark-la-tex gets a windfall. That would be great!
Posted by msesh
Atlanta, GA
Member since Jun 2008
27 posts
Posted on 6/18/08 at 8:12 pm to
Thanks for your response. I talked with a Geologist in BR who said that they already know that Goldonna is part of the Haynesville Shale and have known for sometime. It is still a question of how deep. So, still if someone could answer for me why are they shooting this area (we have already been paid by a Seismic company) if it is too deep. It is not logical to me.
Posted by justbill
Member since Jan 2008
99 posts
Posted on 6/18/08 at 8:24 pm to
quote:

Thanks for your response. I talked with a Geologist in BR who said that they already know that Goldonna is part of the Haynesville Shale and have known for sometime. It is still a question of how deep. So, still if someone could answer for me why are they shooting this area (we have already been paid by a Seismic company) if it is too deep. It is not logical to me.


To define the southern limits of the play. Does that make sense?
Posted by msesh
Atlanta, GA
Member since Jun 2008
27 posts
Posted on 6/18/08 at 9:39 pm to
Yes and no. Again if you already know that it is part of the Haynesville Shale and learned that forty years ago then why go there again. Obviously, it is there then why do it again. It seems like you would go beyond there to test. As I said I am not well versed in this area. Also, what happens to product over a forty year period. Does it become intensified or less in quantity? Thanks for answering all of my dumb questions.
Posted by coachsc
Bossier City
Member since Jun 2008
6 posts
Posted on 6/18/08 at 9:44 pm to
Does anyone know about leases in Red River Parish? In particular, east Red River Parish. I have not heard much about this area in regards to lease bonus amounts. Any information would be appreciated.
Posted by MAW02
Member since Jun 2008
6 posts
Posted on 6/18/08 at 10:08 pm to
Anyone,I have 5 and 1/2 acres in south west caddo parish, south of Spring Ridge on hwy 169. Township 15N Range 16W, Section 25. CHK just completed a well in Section 23, 400 yards from my land.
Question 1- Is it possible they will drill in section 25 anytime soon?
2- Is CHK well completed is Section 23 a good one?
Posted by justbill
Member since Jan 2008
99 posts
Posted on 6/19/08 at 6:23 am to
quote:

Question 1- Is it possible they will drill in section 25 anytime soon?
2- Is CHK well completed is Section 23 a good one?


Who knows what they will do but it would make sense to me for them NOT to drill in Sec. 25 soon. It would make sense to go somewhere else, as they are needing to evaluate the play. Drilling right next door wouldn't be as valuable as testing another area somewhere else.

There isn't any info on the Sec. 23 well yet.
Posted by oldawg44
Shreveport
Member since Jun 2008
9 posts
Posted on 6/19/08 at 8:07 am to
I have 8.4 acres in T19 14W sec 23 in the Dixie field. Nadel Gussman leased my land and drilled a cotton valley around 9300ft in December. It is not a great well. Waiting on first check. The best i have heard is 400mcf/day.
Then dropped off.I think it is having fluid problems. Have been recirculating for a while. Just drilled in Sec 22 within site of my well. They went down 10500 i think. Petrohawk has leased below above and to the east and west of me. What are my chances of being in a hot area and drilling again in my section? Franks got a 15mmcf/day in Sec 18 last month in the Cotton Valley. I only have one well in my section. Thanks for any info.
Posted by ShreveportTIGER318
Shreveport
Member since Apr 2008
2921 posts
Posted on 6/19/08 at 9:09 am to
I know that one of the CHK wells just completed in Southwest Shreveport is about to FRAC today or in the next couple of days and they are about to drill another one on the same tract of land in the next couple of days or weeks.
Posted by ShreveportTIGER318
Shreveport
Member since Apr 2008
2921 posts
Posted on 6/19/08 at 9:11 am to
The pay zone on the first CHK well on the property is 195 feet.
Posted by TigerDog83
Member since Oct 2005
8808 posts
Posted on 6/19/08 at 9:13 am to
quote:

Yes and no. Again if you already know that it is part of the Haynesville Shale and learned that forty years ago then why go there again. Obviously, it is there then why do it again. It seems like you would go beyond there to test. As I said I am not well versed in this area. Also, what happens to product over a forty year period. Does it become intensified or less in quantity? Thanks for answering all of my dumb questions.


Being as the main formations of interest now (Cotton Valley and Hayensville shale) are Jurassic, the last 40 years have no bearing on the amount of product of something that was deposited around 150 million years ago or more unless it was drained by a well which you indicate hasn't happened (And definitely hasn't happened in the Haynesville shale). And you would have had no idea about any Haynesville shale 40 years ago, despite what some driller might or might not have told you. One very easily concludes technology today is better than 40 years ago, so don't you agree that any seismic work would be much better now?
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