Attached are three slides from the recent Anadarko Investor Conference that depict their plans for continued development of the Haynesville Shale and Cotton Valley potential in Panola County.
The production includes oil/condensate, natural gas and natural gas liquids.
It will be interesting to see if these companies go after any oil in the HBP areas in old wells, etc. Since the Haynesville was such a well guarded secret, one can never be surprised anymore about what the oil and gas companies are aware of "down below the earth." Kinda sounds like one of those sci fi movies, but it really is a never ending mystery.
Horizontal drilling is no silver bullet. There is no reason to drill a horizontal well in a formation that can be efficiently and economically drained with a vertical well. It would be a waste of money. And keep in mind that shallow oil formations are conventional reservoirs. They are not productive over wide continuous aerial extents such as the shales.
Is there any chance that Anadarko will be going into Shelby County? Is there anything happening with any of the O & G companies in Shelby County at this time? And, is there any hope that some O & G company will come back into Shelby County and start leasing/drilling again in the near future.
A third party services company who I have been told is leasing for Anadarko has actually taken a few hundred leases over the last few months in NW Shelby County. I was told that Anadarko is leasing with plans to drill CV horizontals in this area. They appear to have leased, or are trying to lease, about everything they can north of Hwy 84 and west of Timpson. Indigo has also done some leasing in the area but it appears to me to be much less than Anadarko has done.
Indigo has a "production profile" on their website for a "typical" Cotton Valley horizontal well (although they reference north Louisiana rather than Panola or Shelby Counties). For what it's worth, their production profile is as follows:
Any information north of that... Panola or Harrison Counties? thanks in advance.
I don't know much about anything to the north. I suspect that a lot of that area is HBP. There was a lot of open acreage in NW Shelby County.
Anadarko is quite active near the Carthage field. Visited the Anadarko office today ''Woodville, TX and they have several leases reserved in Vernon Parish ''Evans-Merryville'' Also north eastern Newton County TX is now a hot spot with old Austin Chalk wells being considered for RE. Two rigs will be working in Vernon Parish on the next rig report. These two rigs will be jumping from lease to lease the rest of the year. Swift Energy also has several leases reserved near Union Hill LA.''Masters Creek'' area in LA. One recently completed, Exxon Corp # 10. Watch this well! It is a beast!!! 500bbls+ an hour, 200bbls being oil during the flowback. MCF unknown, pipelines being finished then the fun starts!
East Texas...Newton, Jasper, Sabine in Texas, Vernon, Beauregard, Sabine in LA are being tapped once again. If the past is any indication of whats to come we will be seeing flares all over the field once again!! cc
Is the Austin Chalk the target for all these areas?
In the southern counties that Anadarko is active (i.e. Brookeland Field – Tyler, Jasper, and Newton), the Haynesville / Bossier is deep (approx. 17,000 feet) and I wouldn't expect any liquids. I believe the target there is the Austin Chalk and possibly the Woodbine formations (the Woodbine being a source rock for the Austin Chalk). I’ve noticed some high condensate production numbers from some of Anadarko’s recent horizontal wells in Tyler county. The condensate production is non-uniform among various areas and appears more pronounced during initial production. This area is difficult to prove up based on my understanding due to heterogeneous reservoir characteristics that seismic won't detect.
I believe that Anadarko may be drilling some horizontal Woodbines in Newton County based on feedback that I've received.
There are some acreages East of HWY. 96, South of Center, and North of the San Augustine/Shelby County line that are NOT HBP. Acreage was leased up until Summer of 2010 and since then no contacts have been made to lease acreage again. Do you forsee any O & G Company coming into this area to lease again?