Wednesday, December 16, 2009

Another Take on the Mid-Bossier Shale from Comstock

I'm catching up on some old (really old) reading material, and in reading through the Comstock Resources Q3 earnings call transcript and presentation I was interested to see that Comstock's take on the location of the Mid-Bossier Shale (the shale play "stacked" a few hundred feet above the Haynesville and about 30 million years younger) is that it is slightly farther north in Louisiana and less northerly in Texas (it lacks the tail).  The maps in various investor presentations are vague, but you can see general differences.  Comstock:



Here is what Petrohawk estimates:



...and Chesapeake:


...and Regency Energy Partners:



Nobody can dictate where the Mid-Bossier lies.  It is where it is.  As companies drill more wells in 2010 the boundaries should be better defined.  Unfortunately, the Comstock map won't make our friends in Bienville Parish very happy.

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