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re: Tuscaloosa Marine Shale

Posted on 1/27/12 at 1:33 am to
Posted by Tiger_Man
Baton Rouge
Member since Jan 2012
191 posts
Posted on 1/27/12 at 1:33 am to
I have been following a thread on GoHaynesville and there have suspect members trying to throw cold water on TMS activity just as here on this thread. A gentleman by the name of John Parker has gotten in on the conversation. I have pasted Mr Parker's last post and I believe you landowners will be enlightened by what he has to say!
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Mr. Steve: "what rumored sudden change in drilling plans" does Encana have?
I had a personal conversation with a good friend of mine who is the Chief Landman of a leasing crew that has been up in South West Arkansas for 2 years in the Dense Brown working for SW and that effort is now finished. Per our conversation, he told me Encana had been begging him very hard this week to come on down to Wilkinson and Amite Counties as they want to lease "everything" that is remaining unleased in these counties. (He is not going to because he got a better gig, about 45 miles from his house and after 2 years a long way from home you can understand.)
He is a straight up guy and his conversation with me does not sound to me like there is any problem at all.
What that clearly tells me is "that the sudden change in the drilling plan" must be many more drilling rigs ramping up drilling in these areas. Encana already has in excess of 250,000 acres which is a ton of drilling pads that will keep them busy for many years. Why on earth would they want more ("everything left") unless they are really excited on the results they are seeing thus far.
Furthemore, just look at all of the many new drilling permits Encana has obtained just recently, combined with their last weeks 3 large "forced intergration" petitions the Mississippi O & G Board granted to them. These easily confirmed actions combined with my "hearsay" conversation with a know trusted friend who has been a landman for over 16 years, does not indicate to me their is any problem whatsoever, if fact, just the opposite.
John

Also, another one of Mr Parker's post:

[i]Ladies and Gentlemen:
As Paul Harvey used to say "Now heres the rest of the story" The attached LA DNR Operators Production Report shows that Encana reported 6,268 Barrels of oil produced in November for the Weyerhauser 73 H. Assuming the completion was complete at 1.00 AM in the morning it would be 9 days of production which equates to 696 Barrels Of Oil Per Day or if it was completed late in the evening on the 22nd it would be 8 days of production which would be 784 Barrels Of Oil Per Day.
Please keep in mind that during these first days of production, the oil has to compete with the flowback water to exit the choke. Decembers production numbers should be much higher, assuming Encana doesn't choke back or shut the well down in an effort to suppress higher Lease Bonus and and better Royalty/Lease Terms.
The GoHaynesville site and members are doing an excellent job and informing all involved with critical information regarding these matters. Keep up the Great Work.
Thanks and Good Luck to All
John

GoHaynesville / Tuscaloosa Marine Shale
This post was edited on 1/27/12 at 1:56 am
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 1/27/12 at 4:25 am to
It looks like the oil companys lost intrest in lower Pointe Coupee all together now.
Posted by TigerDog83
Member since Oct 2005
8347 posts
Posted on 1/27/12 at 8:34 am to
quote:

I have been following a thread on GoHaynesville and there have suspect members trying to throw cold water on TMS activity just as here on this thread. A gentleman by the name of John Parker has gotten in on the conversation. I have pasted Mr Parker's last post and I believe you landowners will be enlightened by what he has to say!


That site can be downright comical at times. With that said the first few days of production data from the Encana well seems to be encouraging, but we will have to watch and see how the decline looks after a few months production. I don't think anyone here is "throwing cold water" on the play, but instead noting that it's still very early and outright economic success is not yet a reality. This play looks infinitely better than the Brown Dense play in South Arkansas right now, which might be the biggest lease play I've ever seen with zero wells producing anything of note form the formation.
This post was edited on 1/27/12 at 8:38 am
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