Oil Patch pick up

[Stins]

Tenaris/Hydril....

We manufacture premium threads on casing and tubeing. I am a premium thread specialist or in other words....a high paid baby sitter

Tenaris huh....I have been to almost every plant Tenaris owns around the world. My personal favorite is in Bergamo Italy!

[aggie2000tx]

We are staying busy on the roustabout side but we are not as busy as we used to be.

[kyle1974]

I think your numbers are a little off. I am a directional driller and I have seen all the work leave the Barnett for the Haynesville. We pick up more rigs every month over there. We are drilling the directional section just as quick as the Barnett. I does take them longer to get to kick off point. Over all it is quite a bit more profitable.

The only reason they are being drilled is to secure leases, and also minimize losses due to the fact that most rigs are still under contract from last year. So we can sit around and pay day rates for rigs to stack in the weeds, or put them to work....

The average days to drill a Haynesville is around 38. The average days to drill in the Barnett is around 17. Also, those laterals in the Barnett drill much faster than the Haynesville wells... I've seen average ROP's upwards of 80-90 FPH, vs about 25-30 FPH in the Haynesville.

Also, it's not just the days... what hole size are you drilling down to KOP in the barnett? Most of those are 8 3/4" and they're not even setting a string of intermediate casing after the vertical section. The haynesville wells require larger hole sizes (most are 9 7/8" to KOP), additional strings of casing to be ran, and most haynesville wells are oil based mud instead of water based mud.

The frac jobs are also more expensive in the Haynesville.

Figure figure a rough average of 70K spread rate, plus larger and additional casing strings, plus oil based mud, plus sub $3 gas that isn't hedged by many operators (or hedges that are about to expire), and I can promise you those wells aren't all that great right now...

increasing rig count doesn't automatically mean increased profits...break even on these Haynesville wells is around $3.50 mcf. And that's assuming a well comes on at 8 mmcf/day.

[Shotgun Slim]

I am a drilling fluids consultant (mud engineer) and have been lucky. I am currently sitting a well in south Louisiana and going to George West after this one. I have had another great year and am in great shape to take some time off for deer hunting. We have been doing turnkey jobs and capitalize on the lower and more negotiable price of services. Day rates have fallen substantially.

[JSAPP]

The only reason they are being drilled is to secure leases, and also minimize losses due to the fact that most rigs are still under contract from last year. So we can sit around and pay day rates for rigs to stack in the weeds, or put them to work....

The average days to drill a Haynesville is around 38. The average days to drill in the Barnett is around 17. Also, those laterals in the Barnett drill much faster than the Haynesville wells... I've seen average ROP's upwards of 80-90 FPH, vs about 25-30 FPH in the Haynesville.

Also, it's not just the days... what hole size are you drilling down to KOP in the barnett? Most of those are 8 3/4" and they're not even setting a string of intermediate casing after the vertical section. The haynesville wells require larger hole sizes (most are 9 7/8" to KOP), additional strings of casing to be ran, and most haynesville wells are oil based mud instead of water based mud.

The frac jobs are also more expensive in the Haynesville.

Figure figure a rough average of 70K spread rate, plus larger and additional casing strings, plus oil based mud, plus sub $3 gas that isn't hedged by many operators (or hedges that are about to expire), and I can promise you those wells aren't all that great right now...

increasing rig count doesn't automatically mean increased profits...break even on these Haynesville wells is around $3.50 mcf. And that's assuming a well comes on at 8 mmcf/day.

I do agree on most points, but we are drilling the horizontal sections at 80 to 120 ft/hr in the haynesville, easily as fast as hte barnett. And the wells I have gotten gotten feedback from are coming in closer to 10 mmcf/day. With nat.gas prices the way they are there is no doubt that most of the drilling done anywhere right now is for lease contracts and/or rig contracts. We are looking at some rough times ahead if the prices don't show some real improvement.

[Strong Slinger]

Does anyone know of any Gas compression companies are looking for field techs or operators

[hallpass]

We are drilling with Southwestern, Cabot, XTO, and Common Resources over in Nac, San Augustine, and Shelby Counties. The verdict is still out on the H ville, but we are drilling James Lime wells that work all day long. The Travis Peak drilling in this area has slowed, but at $6/mcf I think we would be real happy. Rolling with the punches right now.

[reggiehayes]

some of the upswing is due to the fact that leases are running out and they need to be drilled. But they are not all beeing produced they will drill them and cap em.

Not to mention that many of the operators have their gas hedged so they are actually not selling their gas for $3.00 it is more like $7-$10mcf. If we still have $3.00 gas when the hedges run out they will be singing a different tune

[Sharp Shooter13]

I wish it would pick up faster than it is. Layed off since Feb. 3rd.........

[WIKI]

Does anyone know of any Gas compression companies are looking for field techs or operators

http://www.hirebridge.com/jobseeker2...me=IN&cid=5506 They put up a add for a tech in woodville this week. Not sure where you are looking for something at.

[CletusBodeen]

Not to bring up an old thread but we slowed down some at first.We added trucks when others were laying off.I have seen a little bit of an upturn lately. I have an offer to lease my property into a pool now from Chesapeake,so they are still leasing land in the barnett shale.

[Muddy Bud]

Deep water thats where its at, Have not seen a slow down as of yet, left land when it dropped out here earlier in the year and got a 30k a year pay raise when land was laying off. On the bad side you better be ready to go all over the world for long hauls, a month at a time.

[DrenalinJunkie]

Land ain't all that slow any more..

[Peyton]

St Mary just spudded a well on the La Bandera about a half mile south of us!!

Anybody know where to find info?????

[Ouch]

St Mary just spudded a well on the La Bandera about a half mile south of us!!

Anybody know where to find info?????

Railroad Commission site is a PITA to use, but it has whatever info you're looking for. Search by county, abstract, operator, lease name, etc.

If you want to pay to use a site, Drillinginfo is a good one.