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Wednesday, October 01, 2008

#22- Haynesville Shale Updates - Post Date Wednesday, October 01, 2008

Haynesville Shale
Large Natural Gas Deposit, Northwest Louisiana
UPDATES:
October, 2008

Photo Credit: AubreyJ.........
Wells of Past, 1967 - Grandfather’s Farm - Red Shute Plantation
Bossier Parish
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Wednesday, October 01, 2008
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* Reuters.com brings us the following report today and it starts off like this... Oil and natural gas company Petrohawk Energy Corp (HK.N: Quote, Profile, Research, Stock Buzz) said it will reduce its 2009 capital budget by a third and reallocate spending to develop projects in the Haynesville and Fayetteville shales...
Read the rest at link below...
Petrohawk cuts '09 capital budget; to sell some assets
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* SignOnSanDiego.com had this Reuters article posted on their website Sept. 29th... It wasn't long ago that U.S. producers were struggling to find new natural gas supplies to keep up with growing demand, as rapidly depleting onshore and offshore conventional wells stirred fears of supply shortfalls. Some even touted a “peak gas theory”, predicting domestic gas production was in permanent decline like oil... But a lot has changed...
Read this article in full at link below...
U.S. natural gas producers turn to shale to boost supplies
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* IStockAnalyst.com had the following report on the 29th and it starts off like this...
Experts say natural gas is abundant because of the use of advanced drilling techniques... However, those techniques such as horizontal drilling and high- pressure fracturing cost millions for each week... Chesapeake Energy last week announced a cutback in budgeting and drilling for the next few years... It comes down to price and value...
Read the full report at link below...
Costs, Prices Cited for Natural Gas Drilling Cuts
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Post Update:
Sunday
, October 05, 2008

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* REUTERS had the following posted on their website October 3rd...
The chief executive officer of Schlumberger Ltd... said his company does not have a big lead over its rivals in North American shale fields, but that will likely change as the world's largest oilfield services company readies new technologies...
Read the full report at link below...
Schlumberger CEO says rivals nearly matched in shale
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* MarketWatch.com had the following report posted on their website October 3rd...
Dynamic Resources Corp. (PINKSHEETS: DYRFF) (CNQ: DYRF) ("Dynamic" or the "Company") has been informed by the operator of its Sentell Field project that it has successfully drilled and logged the targeted Cotton Valley interval in its Atkins-Lincoln 17-2 well with positive results. The well reached planned intermediate pipe depth of 9,500 feet on September 26, 2008. Subsequent to logging the Cotton Valley and shallower horizons, 7-inch casing was set at 9,500 feet and the well is drilling ahead to test the Haynesville Shale at a planned total depth of 11,000 feet. This well is located in the center of the Company's Sentell Field in Bossier Parish, Louisiana. The Atkins-Lincoln 17-2 is the second well in the Company's 2008 development program and the first of two Haynesville Shale vertical test wells in the Sentell Field planned this year...
Read the rest at link below...
Dynamic Resources Corp. Announces Sentell Field Update -- First Haynesville/Lower Bossier Shale Test Well Initial Results
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* Canada.com has the following report up on their website early this Sunday, morning...
Canadian natural gas drilling, output set to drop
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* MORE TO COME SO CHECK BACK! *
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* Links of Interest *
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* City of Shreveport website...
Shreveport Shale
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> At the following TwinCitiesDev.com link, you can click on various parts of the rig (indicated by numbers) and read or listen to part descriptions...
Parts of a Drilling Rig described
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> At the following TwinCitiesDev.com link, you can you can learn how the Fracing Process makes it possible to release gas from deep below the surface...
Fracing Process
Requires QuickTime Player
Click HERE for Free QuickTime Player Download
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> At the following TwinCitiesDev.com link, you can watch how horizontal drilling increases production rates while reducing the impact to the surface...

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* Gas Leases - You’re sitting on a Gas MineThis link is full of info you need to know before signing an Oil/Gas Lease Contract
Click it out at link below...

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* Past Post *.

> Sunday, May 4, 2008...
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> Sunday, May 11, 2008...
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> Thursday, May 15, 2008...
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> Wednesday, May 21, 2008...
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> Thursday, May 29, 2008...
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> Thursday, June 5, 2008...

#12 Haynesville Shale Updates - Tuesday, July 28, 2008
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> Tuesday, August 05, 2008...

#15 Haynesville Shale Updates - Monday, August 11, 2008
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>Monday, August 18, 2008...
#16
Haynesville Shale Updates - Monday, August 18, 2008
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>Tuesday, August 26, 2008...
#17
Haynesville Shale Updates - Tuesday, August 26, 2008
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>Monday, September 08, 2008...
#18
Haynesville Shale Updates - Monday, September 08, 2008
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>Tuesday, September 16, 2008...
#19
Haynesville Shale Updates - Tuesday, September 16, 2008
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>Tuesday, September 18, 2008...
#20
Haynesville Shale Updates - Tuesday, September 18, 2008
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>Wednesday, September 24, 2008...
#21
Haynesville Shale Updates - Wednesday, September 24, 2008
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AubreyJ.........

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