Sunday, December 14, 2008

Petrohawk: 3 New Haynesville Wells - 73Mmcfe/Day

Last week Petrohawk made a big announcement that it placed three new Haynesville Play wells into service at a combined rate of 73 Mmcfe/d, one with the highest reported initial production rate of any well in Petrohawk's history. That's HUGE! The Company expects to complete five additional Haynesville Shale wells by the end of the year. From their release:

--The Brown 17 #4 (69% W.I.), located in Section 17-T16N-R11W, Bossier Parish, Louisiana, was completed on November 18 and produced at a rate of 23.4 Mmcfe/d on a 26/64" choke with 7,700# flowing casing pressure.

--The Goodwin 9 #5 (97% W.I.), located in Section 9-T16N-R11W, Bossier Parish, Louisiana, was completed on November 25 and produced at a rate of 21.1 Mmcfe/d on a 26/64" choke with 6,750# flowing casing pressure.

--The Sample 9 #1 (100% W.I.) is located in Section 9-T14N-R11W, Red River Parish, Louisiana, approximately 12 miles south of Elm Grove Field. It was completed on November 27 and produced at a rate of 28.2 Mmcfe/d on a 30/64" choke with 7,100# flowing casing pressure.

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