Haynesville Shale

Cabot Oil And Gas - Haynesville Shale - Conference Call Comments

Cabot Oil and Gas (COG) reported its earnings for the second quarter of 2010 and held a conference call on July 22, 2010, to discuss the results. The company is active in several major shale plays including the Haynesville Shale.

“In the Haynesville Bossier, as previously announced, Cabot has successfully drilled and completed its second operated horizontal shale well, Walters #1 well. COG had 54%, it was drilled to a depth of 18,946, with a lateral length of 4900 plus feet after 16 stage stimulation, the well, which was placed on production in July 9th and tested at 20 million cubic foot per day.”

“Cabot is also participating in nine outside operated Haynesville Bossier wells that are currently drilling, completing, or waiting on completion with our working interest generally between the 10% to 40% range. Haynesville wells in the area continue to produce at high rates with excellent recoverable reserves.”

Source: Seeking Alpha

Denbury Resources Reports Additional Haynesville Shale Non Operated Well Completions

Denbury Resources (DNR) recently reported the results of 3 non-operated horizontal wells on its acreage in the Haynesville Shale.

The Querbes 18-16-16-1 is in the Greenwood Waskom field in Louisiana, and was spud on October 24, 2009. The well produced at an initial production rate of 11.3 million cubic feet of natural gas per day. Denbury Resources has a 24% working interest in this well.

The Knighton 11-5 is in the Elm Grove field in Louisiana, and was spud on February 10, 2010. The well produced at an initial production rate of 16.2 million cubic feet of natural gas per day. Denbury Resources has a 9% working interest in this well.

The Womack 2-1H is in the Elm Grove field in Louisiana, and was spud on October 27, 2009. The well produced at an initial production rate of 12.96 million cubic feet of natural gas per day. Denbury Resources has a 2% working interest in this well.

Denbury Resources Reports Haynesville Shale Completions

Denbury Resources (DNR) recently reported the results of 3 operated horizontal wells on its acreage in the Haynesville Shale. All 3 wells are located in the Greenwood Waskom field in Louisiana.

The Edgar 31-1 was spud on 9/3/09, and produced at an intial production rate of 11.5 million cubic feet of natural gas per day. Denbury Resources has a 100% working interest in this well.

The Dunn 2-1 was spud on 11/6/09, and produced at an intial production rate of 8.9 million cubic feet of natural gas per day. Denbury Resources has a 100% working interest in this well.

The Renrew Lands 5-1 was spud on 12/19/09, and produced at an intial production rate of 9.7 million cubic feet of natural gas per day. Denbury Resources has a 65% working interest in this well.