Thursday, May 29, 2008

Haynesville Shale Updates - Thursday, May 29, 2008

This Post Last Updated: Tuesday, June 03, 2008
1:20Pm CDT
Haynesville Shale
Large Natural Gas Deposit, Northwest Louisiana
UPDATES:
Thursday, May 29, 2008

Note: This post will be updated over next few days so check back Photo Credit: AubreyJ.........
Wells of Past, 1967 - Grandfather’s Farm - Red Shute Plantation
Bossier Parish
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Thursday, May 29, 2008
* KTBS.com brings us this report...
The Haynesville Shale field could be one of the biggest energy discoveries ever. It's already made a lot of people rich. Now, it's not only benefiting landowners in rural areas, landmen are trying to lease to residents in metro areas...
Read the rest then view their Channel 3 News Video at link below...
Know your Mineral Rights

* KSLA.com, not to be left out, has this report...
The ArkLaTex is on the brink of a new era of prosperity with increased drilling in the Haynesville Shale, bringing with it economic opportunity and a whole new set of potential problems... We need only look to North Texas to see what the future might hold for ArkLaTex landowners- thanks to the race for the rights to recover a precious mineral trapped some two miles beneath our feet...

Read the rest then view their Channel 12 News Video at link below...
Waiting to Sign: Leasing Lessons from Fort Worth
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KSLA.com also posted this write-up Thursday evening and it started off like this...
The potentially prolific Haynesville Shale is already drawing comparisons to the Barnett Shale, which lies about 6,000 feet below the surface of a six square mile are area the covers 20 counties in North Texas, including Tarrant, Johnson and Wise... It's not yet known exactly how much area the Haynesville Shale covers, but it's generally believed to stretch all they way from the northern part of Sabine Parish, through DeSoto, part of Red River and all of Caddo and Bossier, as well as southwest Webster Parish...
Read the rest at link below...
Barnett Shale boom offers insight into Haynesville Shale economic potential

* EarthTimes.org reports...
Goodrich Petroleum Announces Purchase of Reserves, Expansion of Haynesville Shale Acreage and Updated Haynesville Shale Drilling Activities
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*** Updates ***
Friday, May 30, 2008
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* ShreveportTimes.com brings us this report this early Friday morning and it starts off like this...
A meeting has been scheduled for 7 p.m. Thursday in the Captain Shreve High School auditorium to provide Shreveporters with information about Haynesville Shale mineral leases on their property...
3 groups call meeting about mineral leases
(Yes... I’ll be there and will report back)

* Businesswire.com has this early report...
Penn Virginia Corporation (NYSE:PVA) today announced horizontal drilling success with its Lower Bossier (Haynesville) Shale test well in Harrison County, Texas... PVA successfully completed the Fogle #5-H (100 percent working interest), which is PVA’s first horizontal test well exclusively targeting the Bossier (Haynesville) Shale formation in east Texas. The well had an initial production rate of approximately 8.0 million cubic feet of natural gas (MMcf) per day with a flowing casing pressure of approximately 5,000 lbs. The well reached a total vertical depth of 11,378 feet with a 3,861-foot lateral in the Bossier formation...
Penn Virginia Corporation Announces Horizontal Drilling Success in East Texas
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*** Updates ***
Sunday, June 01, 2008

* ShreveportTimes.com...
Presence of gas companies, land men grows

* ShreveportTimes.com also has this editorial up this Sunday...
Don't fritter away gas windfalls

* Forbes.com has this report today and it goes in part like this...
Based on results from the Fogle 5-H well, plus positive results of 17 vertical wells drilled into the same Bossier Shale strata, the company expects to drill at least five more horizontal Bossier Shale wells in 2008...
Penn Virginia natural gas well hits big

* Star-Telegram.com brings us this informative article about the oil and gas company, Chesapeake Energy...
Lean years now behind it, Chesapeake goes full-bore
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*** UPDATES ***
Tuesday, June 03, 2008

* TheEarthTimes website has this informative report...
Mainland Resources, Inc. Stakes Location for Haynesville Shale Drill Test in Louisiana

* PrimeNewsWire.com has this report...
Cubic Energy, Inc. Spuds 4th Haynesville Shale Well

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* Links of Interest *

* Louisiana Office Of Conservation Home Page

* Louisiana Office Of Conservation 2008 Schedule of Public Hearings

* Louisiana Department of Natural Resources Home Page

* National Association of Royalty Owners

* Photo Galleries by the Shreveport Times Haynesville Shale

* Chesapeake Energy Corporation

* Twin Cities Development, LLC

* Brammer Engineering
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* Gas Leases - You’re sitting on a Gas Mine
This link is full of info you need to know before you sign an Oil/Gas Lease Contract
Click it out at link below...
Gas-Lease.org

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