"So when an exploration company puts forth the projection of 40 - 60 BCF per section, would you then multiply that times 35% (50 BCF X 35% = 17.5 BCF) Is that a more realistic expectation for the HA ? Or - has that already been figured in…"
"PG, eight wells per section should be the approximate economic optimum for an average section. Fracture stimulation is not attempting to fracture 100% of the formation but rather to create flow paths to the wellbore that…"
Well, just throwing an idea out here; I admit to minimal knowledge on the subject. But what about one of two scenarios: 1) there was some sort of problem with the original fracture job, and the operator knows how to fix it, or…"
"I believe Les is correct, but be careful how you interpret the info. You get a lower "decline" rate but you produce less gas the first few months. In theory, you get paid back over time because you haven't…"
"Good question. I suspect that the "lost" gas in the "unfracked" areas between the 8 wells will eventually seep into the well bores over time. Whether it's 5, 10, or 20 years down the road, it probably…"
Is there any information about the Fayetteville play regarding what I can expect from a well, both in the decline rate and the average well production over the life of the well?
Thanks for the information
"George, 80% decline in the 1st year is about normal for wells produced in the traditional manner. For wells produced on a restricted choke (~ 14/64") a 50% decline in the 1st year may be more typical.
Economics are based gas…"
"Is 80% a normal drop rate regarding well production with all horizontal wells and if not, what is the normal drop expected rate and how long does a typical well produce? An 80% drop rate the first year hardly seems like it would be worth the…"
"I went to a meeting and the prez of QEC ? was there and he said they had refracd a well and the frac did not go where they though it would but it had increased production and they were happy with it. He did not say which well just Haynesville."
"Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.Because our…"
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.
Because our network has grown word-of-mouth, I want to encourage you to invite your friends and family by clicking here.
There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.
Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.
As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.
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