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re: Haynesville Shale

Posted on 5/16/08 at 9:41 am to
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 5/16/08 at 9:41 am to
Where do you think the boundaries on economically profitable acreage on this formation lie?
Posted by TigerDog83
Member since Oct 2005
8349 posts
Posted on 5/16/08 at 10:08 am to
quote:

Where do you think the boundaries on economically profitable acreage on this formation lie?


It's going to take more drilling (And horizontal wells at that) before good limits are defined. Some of these companies are probably buying bad leases way out on the edges, especially to the North and East. To the south it just gets too deep to be economical right now (Into Natchitoches and Sabine Parishes). East Texas is relatively unknown as far as how wide the coverage is. Check out Petrohawk's website and presentations online. Chesapeake is keeping pretty tight with info.
Posted by TigerNutwhack
Baton Rouge
Member since Jan 2004
4139 posts
Posted on 5/20/08 at 2:44 pm to
quote:

Where do you think the boundaries on economically profitable acreage on this formation lie?


I'm not sure about the outer boundaries, but land owners in Red River are getting close to $4000/acre. It's really pumping a lot of money into a very poor parish.
Posted by highlandtiger
BATON ROUGE
Member since Jul 2008
4 posts
Posted on 7/31/08 at 4:38 pm to
West Feliciana Oil and Gas (Posted on 7/31 at 4:18 p.m.)

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Please coomment on the potiential of Oil and Gas in West Feliciana.
1. Are they leasing
2. Is it shale oil.
3. I am on the eastern side of parish near Miss state Line

Thanks,

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