I heard from good source that EOG and XTO are drilling wells (East Texas ) in Haynesville shale with only 50' spacing between lateral rather than 330' because Haynesville rock is so tight they are able to Fac and drain only about 25' that would mean about 30 wells in unit rather than 6-8. I understand pressure and flow are at virgin levels just 25' feet from other fac H hole same depth.WOW if true we got a hell lot of Nat Gas.
Jay, other Geologist please weigh in your thought and what you have heard. Skip you know anything along these lines????????
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How do they reconcile the cost of all of the long lateral wells ?
Stands to reason to me that you would need more laterals if spaced closer and from what they say they're not exactly cheap.
About 6 mil. a pop from what I read.
Is the sell price of the recovered resources about ready / scheduled to go up drastically I wonder ?
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