"Would you know how many wells are currently in operation by Seeco, BHP, XTO. How about north of Greers Ferry Lake in Cleburne County - what type of activity is currently happening?
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john goodday
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Last View: 1:52AM, 29 Nov 12
Last On: 2:06AM, 2 May 13
Last View: 1:52AM, 29 Nov 12
Last On: 2:06AM, 2 May 13
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Break even # - 5.5BCF
Started this discussion. Last reply by Les B Apr 28, 2012. 36 Replies 0 Favorites
Well costs, Gas prices, MATH
Started this discussion. Last reply by Checkmateking Jun 20, 2012. 26 Replies 0 Favorites
Longest Lateral & Stages
Started this discussion. Last reply by Les B Jan 12, 2011. 24 Replies 0 Favorites
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Checkmateking replied to john goodday's discussion Well costs, Gas prices, MATH"The only reason any company would be drilling alt. unit wells are for financial spreadsheet purposes. It's all about accounting."
"LesB-- YEP Your rig count tells it all-- trend is for sure down down down---"
Les B replied to john goodday's discussion Well costs, Gas prices, MATH"Adubu, all one has to do is follow my weekly rig count posting to see the trend for the last several months."
"LesB--- Looking at big picture of recent threads posted if appears the Haynesville play is winding down for a peroid of time until Nat Gas get above $5 and stays==== only Liquids and Oil in other formations in area will be drilled …"
Les B replied to john goodday's discussion Well costs, Gas prices, MATH"SB, Petrohawk is a mix with three of their seven rigs currently drilling HBP wells. I believe some of their activity may be related to Mike Yeager's slow acceptance of the need to back off dry gas drilling in the US. With BHP…"
Les B replied to john goodday's discussion Well costs, Gas prices, MATH"Adubu, in August 2009 Plains agreed to accelerate the drilling carry payments to Chesapeake so nothing left now."
The_Baron replied to john goodday's discussion Well costs, Gas prices, MATH"Maybe they don't have so great of a hedge, but are commited to provide certain volumes of gas that only by drilling new wells can they meet their quota?"
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AboutAs 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 |
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