They started hauling the rig onto the location Friday and didn't have the derrick up on sunday afternoon
This is a small rig and I don't see them drilling the Horizontal part of the well with this Rig. For those who don't know the location is just over the south line of section ten off Beard Creek Road and the well is permitted under section 15 to the south of the location.
Landowner, not all Petrohawk's rigs have the top-drive or horsepower required to drill the horizontal lateral. The spudder rig program allows them to drill more horizontals with their current rig fleet. The vertical section is not generally completed in the formation by Petrohawk so it would not allow to HBP.
I have been told the new big rigs are around $40,000 per day drilling horizontal... which seems high. I think its the reason for the smaller rig now used to drill the vertical , logging the zone and setting the intermediate casing. Day rates on a smaller rig are half or less than a horizontal and getting cheaper as they stack.
I received a letter stating Chesapeak has applied for a permit in section 1. Also they are laying a massive 36" pipeline across nw Bienville Parish and crossing under Lake Bistineau at Lauguna Beach Road. I hear they are coming out around Plum Orchard on the other side. I haven't been aroud there to see yet.
Hope those wells are bigun's so the core keeps growing. thanks for the update on the pipeline those projects really help keep the economy moving. It's quite an undertaking I'm sure going under the lake.
I found out yesterday that the pipeline is a 42". I had to move a water meter and line yesterday where they built a road to haul all that pipe in. They started hauling pipe in today. I hope they hit a few monster wells in my backyard to fill up that pipe!!! I will take some pictures and post them when I am back down there. I live just off of Lake Road.
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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More