More operators probe Haynesville gas shale

By OGJ editors
HOUSTON, June 6 -- More operators are wading into the Jurassic Haynesville shale gas play in Northwest Louisiana and East Texas since Oklahoma City independent Chesapeake Energy Corp. called the potential extraordinary earlier this year.

Penn Virginia Corp., Radnor, Pa., expects its first horizontal well to exclusively target the Haynesville (Lower Bossier) shale to deliver 10-15 MMcfd in July after more pipeline capacity is added. Producing to sales at 5 MMcfd, the Fogle 5-H well in Harrison County has already flowed at rates as high as 8 MMcfd with 5,000 psi flowing casing pressure.

Penn Virginia, with 100% interest in Fogle 5-H, has drilled and completed 17 vertical wells on its 53,000-acre East Texas leasehold and tested four different reservoirs below the Jurassic Cotton Valley including the Upper Bossier shale and Lower Bossier shale. It expects to drill at least five more horizontal Bossier shale wells this year.

Goodrich Petroleum Corp., Houston, is testing early wells, acquiring acreage, and forming up a drilling program in Bethany-Longstreet and Longwood fields in Northwest Louisiana.

Goodrich Petroleum plans to spud its first horizontal Haynesville well in about 90 days. At Bethany-Longstreet it tested just over 1 MMcfd of gas from Haynesville at the vertical James Cook-1 and is completing its Clarence Brown-1, which cut 230 ft of net Haynesville shale with gas shows throughout.

Meanwhile, Goodrich will hike its Haynesville exposure to 30,000 net acres with an acquisition. It plans to acquire from a private party 3,250 net acres in the Haynesville shale trend and 12.3 bcfe of proved reserves associated with the shallower Cotton Valley and Cretaceous Hosston formations in Longwood field, Caddo Parish. Consideration is $32 million in stock.

The acquisition includes interests in 25 wells producing 1.2 MMcfed net. Goodrich will drill two new vertical wells and reenter one to test Haynesville shale at Longwood by the end of 2008.

Chesapeake said Haynesville could have "a larger impact on the company than any other play in which it has participated to date" including the North Texas Barnett shale (OGJ, Apr. 28, 2008, p. 40).

Related Articles

Goodrich considers selling Eagle Ford assets

12/10/2014 Goodrich Petroleum Corp., Houston, is considering the sale of at least some of its shale assets in the South Texas Eagle Ford, the company said, ad...

Louisiana/Mississippi: Goodrich sets jump in 2014 budget

10/30/2013 Goodrich Petroleum Corp., Houston, earlier this month scheduled preliminary 2014 capital spending of $375 million compared with a revised $255 mill...

Louisiana

11/06/2009 Goodrich Petroleum Corp., Houston, gauged a peak 24-hr rate of 15.3 MMcfe/d from Jurassic Haynesville shale at its Plants 26H-1 well in De Soto Par...

MARKET WATCH: Crude again tops $100/bbl in strong rally

09/22/2008 Oil prices continued to climb Sept. 19, with the front-month crude contract closing above $100/bbl in the strongest 3-day rally since 1998 in the N...

Haynesville gas logged at Bethany-Longstreet

07/24/2008 A well in Bethany-Longstreet field in northwestern Louisiana has encountered gas in two Haynesville shale (Jurassic Lower Bossier) intervals, said ...

Goodrich, Chesapeake to develop Haynesville shale

06/20/2008 Goodrich Petroleum and Chesapeake Energy plan a joint venture to develop what is now Goodrich's Haynesville shale acreage.

Goodrich to sell South Louisiana assets

01/16/2007 Goodrich Petroleum Corp., Houston, agreed to sell most of its South Louisiana assets for $100 million to a private purchaser.

Goodrich announces management promotions

07/20/2004 Houston-based Goodrich Petroleum Corp. announced several management promotions and the hiring of a new vice-president, geology.

Area Drilling

05/10/2004 Kuwaiti sources reported the country's first natural gas discovery.

White Papers

AVEVA NET Accesses and Manages the Digital Asset

Global demand for new process plants, power plants and infrastructure is increasing steadily with the ...
Sponsored by

AVEVA’s Approach for the Digital Asset

To meet the requirements for leaner project execution and more efficient operations while transferring...
Sponsored by

Diversification - the technology aspects

In tough times, businesses seek to diversify into adjacent markets or to apply their skills and resour...
Sponsored by

Engineering & Design for Lean Construction

Modern marketing rhetoric claims that, in order to cut out expensive costs and reduce risks during the...
Sponsored by

Object Lessons - Why control of engineering design at the object level is essential for efficient project execution

Whatever the task, there is usually only one way to do it right and many more to do it wrong. In the c...
Sponsored by

Plant Design for Lean Construction - at your fingertips

One area which can provide improvements to the adoption of Lean principles is the application of mobil...
Sponsored by

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

To prevent the vibrating hoses on your oilfield mud circulation systems from failing, you must examine...
Sponsored by

Duty of Care

Good corporate social responsibility means implementing effective workplace health and safety measures...
Sponsored by

Available Webcasts


On Demand

Optimizing your asset management practices to mitigate the effects of a down market

Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

register:WEBCAST


Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

register:WEBCAST


Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Tue, Nov 18, 2014

Join IBM on Tuesday, November 18 @ 1pm CST to explore how Predictive Analytics can help your organization maximize productivity, operational performance & associated processes to drive enterprise wide productivity and profitability.

register:WEBCAST


US HYDROCARBON EXPORTS Part 3 — LNG

Fri, Nov 14, 2014

US LNG Exports, the third in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports.

A discussion of the problems and potential for the export of US-produced liquefied natural gas.

These and other topics will be discussed, with the latest thoughts on U.S. LNG export policy.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected