Domain: tiger-web1.srvr.media3.us Haynesville Shale | Page 30 | Money Talk
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re: Haynesville Shale

Posted on 6/30/08 at 8:28 am to
Posted by The Duffer
Shreveport, Louisiana
Member since Jun 2008
3 posts
Posted on 6/30/08 at 8:28 am to
I found this site while Googling information concerning the Haynesville Shale and I must say the knowledge and advice being shared here is most impressive.

Could anyone give me any advice or sense of direction regarding approximately 1,000 acres, south of I-20/south Webster parish, Sec. 8 and 9, T18N, R9W?

I found a map on www.docstoc.com that appears to indicate this property is right on the boundary according to Petrohawk data points.

Any information would be very much appreciated.
Posted by TigerDog83
Member since Oct 2005
8808 posts
Posted on 6/30/08 at 8:39 am to
SUA means Sand Unit A. When a unit Order hearing is held a Unit is formed and is often called a Sand Unit. It then gets a number (or letter nomenclature) for reporting and tracking purposes.
This post was edited on 6/30/08 at 9:55 am
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 6/30/08 at 9:52 am to
quote:

HOUSTON, June 30 /PRNewswire-FirstCall/ -- Petrohawk Energy Corporation ("Petrohawk" or the "Company") (NYSE: HK - News) today announced that it has completed its initial horizontal well in the Haynesville Shale. On June 27, 2008, the Elm Grove Plantation #63 (100% working interest) was placed on production. On June 29, 2008, the well produced at an average rate of approximately 16.8 million cubic feet of natural gas per day with 5,600 pounds flowing casing pressure on a 26/64" choke. The pilot hole drilled on the well encountered approximately 212 net feet of Haynesville Shale. The targeted interval in the reservoir was at 11,005 feet true vertical depth, and a lateral of 3,880 feet in length was drilled. The completion of the well included eleven stages of fracture stimulation. The Elm Grove Plantation #63 is located in Section 9 - Township 16 North - Range 11 West, Bossier Parish, Louisiana.
Posted by ShreveportTIGER318
Shreveport
Member since Apr 2008
2921 posts
Posted on 6/30/08 at 10:05 am to
That is some of the best news I have heard in a while.

HK just can't keep their mouth shut though, their like a bunch of old ladies on the front porch, just can't keep a secret.
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 6/30/08 at 10:11 am to
quote:

HK just can't keep their mouth shut though, their like a bunch of old ladies on the front porch, just can't keep a secret.


well, that just tells me that they must be near finished with their leasing. Any good news from here can only drive the stock up, which is what they care most about.
Posted by ShreveportTIGER318
Shreveport
Member since Apr 2008
2921 posts
Posted on 6/30/08 at 10:12 am to
tell me about it, and their qtr announcement is in early august, and there will be another big boost.

up about 8-9 dollars on the news of the well
Posted by igoringa
South Mississippi
Member since Jun 2007
12292 posts
Posted on 6/30/08 at 10:30 am to
As big as the news is about the production rate on the well, it is the 275,000 net acres they have now that gets me going.... they have been some busy beavers.

Would be curious to see how north of 500K CHK is now
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 6/30/08 at 10:30 am to
quote:

up about 8-9 dollars on the news of the well


HK? I show it up $3.40
Posted by ShreveportTIGER318
Shreveport
Member since Apr 2008
2921 posts
Posted on 6/30/08 at 10:32 am to
my bad, I was looking from another starting time, you are right its up about $4.
Posted by JWS3
Baton Rouge
Member since Jun 2008
2502 posts
Posted on 6/30/08 at 3:10 pm to
What happens when a company leases a few hunderd acres, but not enough to make up a 640 acre unit, and one or more competing companies have leased all the adjacent property?
Posted by TigerBite
Dallas
Member since Feb 2004
2733 posts
Posted on 6/30/08 at 3:55 pm to
TigerDog or anyone else that knows -

With the HK announcement today of a 16.8 mmcfd rate well, the PVA one at 8 mmcfd, and the rumored CHK wells at even higher rates, do you have any idea if these rates are falling fast? Have you heard this in any regard? I know South Texas had a ton of potential a few years ago with wells coming on at huge rates in sands with low permeability and they fell very fast after IP. Any idea if these are the same?
Posted by Oily Tigah
City of Surup
Member since May 2007
2373 posts
Posted on 6/30/08 at 4:05 pm to
(no message)
This post was edited on 6/30/08 at 4:14 pm
Posted by Oily Tigah
City of Surup
Member since May 2007
2373 posts
Posted on 6/30/08 at 4:13 pm to
Bite:
I have worked tight rock quite a bit, and the answer to you question is: It depends on what the permeability of the rock actually is. I haven't heard anything about the haynesville shale in particular, and without doing any modeling to back this up I would say you could probably expect a 40-80%decline in the first year. That is just an educated guess though.
Posted by snakestewart
Doyline,La.
Member since Jun 2008
16 posts
Posted on 6/30/08 at 6:59 pm to
Could anyone give me any advice or sense of direction regarding approximately 1,000 acres, south of I-20/south Webster parish, Sec. 8 and 9, T18N, R9W?

Hello, The South Webster Association of Mineral Owners is a no fee no percentage group of landowners comprised of mostly Webster folks but have acreage in several Parishes. If you are interested in trying to increase the amount of money you get to keep ,feel free , because it is free ,to e-mail us at SWAMO@yahoo.com

With the new PHK#'s @ Elm Grove Plantation #63 it is fixing to really start heating up. 16.8 MMCF per day with 5600lbs on 26/64" choke.
Posted by The Duffer
Shreveport, Louisiana
Member since Jun 2008
3 posts
Posted on 6/30/08 at 8:43 pm to
Thanks, snakestewart. I will do this immediately.

Posted by gingles
Baton Rouge
Member since Jun 2008
213 posts
Posted on 6/30/08 at 8:45 pm to
A question for those in the know--do prospects look good for the Stanley area of Desoto Parish, about 5 mi or so east of Logansport above and below US84?
Posted by copalot
Converse, LA
Member since Jun 2008
11 posts
Posted on 6/30/08 at 8:47 pm to
Where is the Elm Grove Plantation? Thanks
Posted by justbill
Member since Jan 2008
99 posts
Posted on 6/30/08 at 10:16 pm to
quote:

With the HK announcement today of a 16.8 mmcfd rate well, the PVA one at 8 mmcfd, and the rumored CHK wells at even higher rates, do you have any idea if these rates are falling fast? Have you heard this in any regard? I know South Texas had a ton of potential a few years ago with wells coming on at huge rates in sands with low permeability and they fell very fast after IP. Any idea if these are the same?



They will fall fast. This is the nature of the beast. People who think that a 15mmcpd well will stay at that are ignorant. Not stupid, just ignorant. Hopefully, time till tell that the decline curve will flatten out after a few years and decrease much more slowly. But, at this time, nothing is given, as nothing has been been producing very long. People should be aware that geologists and engineers in the know base their projections on real data, not pipe dreams.

Let's hope for the best.
Posted by TigerStuckinOkieland
Oklahoma City, OK
Member since Feb 2007
1330 posts
Posted on 7/1/08 at 8:27 am to
JustBill is correct....only time will tell as to the long-term reserve values for each well, especially with the limited data points and the wide geographic area in play...

That being said, it is EXTREMELY encouraging to get this type of test when expectations were much lower, based on Barnett Shale and other comparative plays. When you take into account the 200'+ pay thickness, there is tremendous room for long-term reserves....

when it's all said and done, if these wells can sustain an average of 4,000-5,000 mcf per day over a long period of time (5-10 years), they will be quite profitable for all involved.
Posted by TigerDog83
Member since Oct 2005
8808 posts
Posted on 7/1/08 at 8:54 am to
If anybody wants some humor go read some of the stuff over on this board:

www.gohaynesvilleshale.com

Some of the stuff over there is mind numbing.
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