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Barnett Production Comparison to Marcellus
16 Replies
A lot of people seem to be using the Barnett Shale production experience as a comparison for Marcellus. In fact, one of the royalty calculators uses Barnett depletion rates to generate revenue data.…Continue
Started this discussion. Last reply by Frank Verret Mar 16, 2010.
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Raymond Calhoun replied to Keith Mauck (Site Publisher)'s discussion 'An Issue for Those in the Marcellus to Solve'
Bigger issue is market growth. It's not going to be there in the near future.
Raymond Calhoun replied to Hoagy Schaadt's discussion 'Offers from Flatirons Development LLC, Denver, CO'
Hoagy,
Got a verbal offer from another company for $850/15%/5yrs. Seismic testing around Kyle Lake will probably do a lot to determine what happens in northeastern Jefferson. MIGHT get a lot better. ray
Raymond Calhoun replied to Matt Morris's discussion 'Test Grid at Kyle Lake' in the group Jefferson County, PA
Kyle Lake area seismic testing is underway.
Raymond Calhoun replied to Daniel K. Mathers's discussion 'Depletion Rate'
Brian,
Thanks. My math brain went dead when I posed the question. You clarified nicely. ray
Raymond Calhoun replied to Daniel K. Mathers's discussion 'Depletion Rate'
Brian,
If the 6%/yr. decline continues after a 75% drop, does that mean the well is essentially done after 6-7 years unless refracing occurs?
Raymond Calhoun replied to Daniel K. Mathers's discussion 'Depletion Rate'
Nancy,
As you can readily tell, I'm relatively new to this, but eager to learn as much as I can as fast as I can. Thank you. Your comment was objective, rational, clear and concise. ray
Raymond Calhoun replied to Daniel K. Mathers's discussion 'Depletion Rate'
Nancy,
I'm still looking to see if the EUR estimates for the life of a Marcellus well will hold up, irregardless of IP and rapid decline rates in the first few years. Don't know if Barnett data proves that up in any way or not. Public…
Raymond Calhoun replied to Daniel K. Mathers's discussion 'Depletion Rate'
Well put Mark. I understand what your saying about the economics still being good at lower levels of production. I guess the greater concern, which has been hinted at with respect to Barnett is whether the production actually stops after a much…
Raymond Calhoun replied to Daniel K. Mathers's discussion 'Depletion Rate'
Daniel,
I really don't have the experience or knowledge to comment on this, however, this is the biggest informational nut of all that needs to be cracked relative to Marcellus and value. Early on a lot of the experts on these shales felt they…
Frank Verret replied to Raymond Calhoun's discussion 'Barnett Production Comparison to Marcellus'
First and foremost I promise you this if it was at a Peak Oil conference it was biased. Peak Oil is about the supply running out so......................
Jean Michel LeTennier replied to Raymond Calhoun's discussion 'Barnett Production Comparison to Marcellus'
Total, BP, EXXON, Shell, Mitsui, Chevron are all now heavily involved with this play. all told about 178 billion dollars has chanegd hands over the last 6 months..
And I am rsonally aware of the Chinese poking around too as well as the Turks and…
ron lutz replied to Raymond Calhoun's discussion 'Barnett Production Comparison to Marcellus'
BINGO, You hit the nail on the head. These multiple shale formations is the dirty little secret that the gas companies have not been telling us.
Jean Michel LeTennier replied to Raymond Calhoun's discussion 'Barnett Production Comparison to Marcellus'
By every measure at every well, the Depletion rats are not comparible to the North East.. As and example in th Souther tier, we can be drilling through up to 7 differant layers of Shale and sand stone as in Delaware county, that is about 3000 feet…
Bison Head replied to Raymond Calhoun's discussion 'Barnett Production Comparison to Marcellus'
that makes sense. there is more lurking on the political front for sure. while Cramer is a clown and i am still waiting for my CHK stock to recover, i think he is setting himself up through CHK endorsement to be early to roll into the domestic…
John Reed replied to Raymond Calhoun's discussion 'Barnett Production Comparison to Marcellus'
It's my opinion that the royalty calculator uses the depletion rate of the Barnett shale simply because it's the only historical reference we have to utilize. As production numbers become more available and rates of decline become…
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- What has been your experience in the Marcellus Shale?
- Wanted to lease for shallow only with option on Marcellus.
Comment Wall (2 comments)
- At 8:52am on January 8, 2010,
Raymond Calhoun said…
- thanks Keith for touching base. Need to more actively participate in Jefferson County. Particularly need to know if anyone has information regarding a well drilled at a site identified as "Game School", which was to be a shallow well by Open-Flow, but which I believe might have been Marcellus and whether it hit good. Rumor has it it did. That well is only a half mile from property I own. Any help on this would be appreciated. ray
- At 10:56pm on January 7, 2010,
Keith Mauck (Site Publisher) said… - Just wanted to touch base with you. Hope things are well and that this is a site where you can dive in and begin contributing. Please be sure to check out our county groups and see if there is a county you can participate in. Have fun "shaling."
Keith
Site Publisher
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