ARK-LA-TEX ORIGINAL (REFRAC) STUDY

Energy Advisors Group has released a Special Supplement ReFrac Report focused on horizontal wells in the Haynesville/Bossier formations as an addition to our Original Haynesville Report issued April 12, 2024 .

This Report evaluates the performance of every Haynesville/Bossier ReFrac/Recompletion (199 wells or just 3% of Haynesville/Bossier horizontal wells drilled). It concludes that ReFracs are coming in at 90% of original completion rates and 75% are estimated to have payback in <12 months.

This report provides 4 examples of ReFracs in the Haynesville area based on well configuration on a lease:

1. Single Well Lease ReFrac
2. Simultaneous ReFrac of Outer Boundary Lease Wells
3. Simultaneous ReFracs of Alternating Sequence Wells
4. A 4-Well Lease Shows All Examples of ReFrac and Completion Techniques

We also provide summary tables of ReFrac activity by Operator and by Field along with a Success Classification.

Finally, this Report includes a summary Case Study on Aethon's recent purchase of Tellurian's Haynesville assets. We note that Aethon has been the most active player in ReFrac'ing/Recompleting legacy Haynesville wells with a very good track record and will no doubt use this expertise to create upside value to its Tellurian purchase.

Energy Advisors Group has over 35 years of experience assisting clients navigate the marketplace to maximize their portfolios as advisors on both the sell and buy side. Energy Advisors also provides consulting services including asset management and optimization.

Key Takeaways:

1. They Work. “ReFracs are coming in at 90% of original production and the key to increasing EURs from the original rock.” 
2. Material Upside! “Only 3% of Haynesville/Bossier wells have been ReFrac’d leaving material upside to legacy HZ PDP wells.”
3. PDBP? “Internally, successful offset lease ReFracs can arguably be considered as PDBP reserves.”
4. Latest Best Practices. "The data shows current best practice for ReFracs is to perform these simultaneously while also protecting existing wells with ReCharge.”
5. Quick Payback at $2 Gas! "75% of all ReFracs are estimated to have payback in <12 months.”

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Here is some Content, Contrast, Context from our Haynesville ReFrac Study & our Original Haynesville Report

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Here is a Quick Look at Who, How and Success of Haynesville/Bossier ReFrac Operators and Notable Points

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Here is Map Showing Where ReFracs Are in the Haynesville Plus More Takeaways

The 18-page report is available to the right.

Energy Advisors Group is working hard to expand our thought leadership and look forward to providing additional market insight for our clients through regional perspectives, M&A analysis and market monitor. 

Our firm has been serving the needs of buyers, sellers and capital providers for over thirty-five years.

TO LEARN MORE CONTACT:

Blake Dornak

Vice President

Phone: 713-600-0169

– Email: [email protected]

Brian Lidsky

Director

Phone: 713-600-0138

– Email: [email protected]

Ronyld W Wise

Founder & Managing Partner

-- Email [email protected]

Corporate Office:

4265 San Felipe Ste 650

Houston TX 77027

Corporate Switchboard: 713-600-0123