Haynesville shale horizontal wells run for 1500m through the...

Haynesville shale horizontal wells run for 1500m through the sweet spot of the shale section.

It seems as though the Epsilon section is that sweet spot for us. I dont think this interval is more than 80m in Holdfast-1 or Encouter-1? - thats 5% of a US horizontal well; 5% of 10-20mmcfd is 0.5 - 1.0 mmcfd. Throw in the other 200m or so in the REM and we could get 2mmcfd?

I am only interested to see that we can get a gas flow. If we can, then I bet BPT/ADE would go for a horizontal pilot production well.

Typical shale developments include 'pad drilling' techniques, which sidetrack 10 or so horizontal drainage wells from the same vertical section.

A development scenario could be 10 wells producing 5mmcfd each * 20 pads = 1bcfd from 200 wells. Although development will be about $5m/well = $1b, production will run at 1bcfd for a long-time. Not hard to see why LNG is the main market for this gas - bucket load of it.

200 wells would only be a fraction of the PEL 218 area...makes the numbers very big.

DYOR