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Breitburn Energy Partners L.P. Message Board

  • zjxn06 zjxn06 Oct 10, 2010 4:55 PM Flag

    Collingwood News

    1) Encana testing its 2nd well.
    2) Things heating up for State Lease sale later this month.

    1)"Gas deposit a big draw

    Roughly 10,000 feet below the surface across the top third of Michigan's Lower Peninsula lies the Collingwood shale formation -- named for the location of the mass's outcrop in Canada. It's a natural gas deposit that is drawing the attention of companies all over North America.

    Calgary, Alberta-based Encana Corp. has gone the farthest in investigating Collingwood's potential. The company has leased mineral and gas rights to 250,000 acres of state and private land in Michigan.

    Last winter, Encana drilled its first test well near Lake City. Over a 30-day period this year, that well produced 2.5 million cubic feet of natural gas a day after hydraulic fracturing. That level later dropped to 800,000 cubic feet of natural gas a day, but it is still considered productive by industry standards.

    A second Encana hydraulic fracturing well is now producing test results in Cheboygan County. A company spokesman said the numbers from that well may determine how Encana approaches the gas rights auction at the end of the month.

    "We're seeing a lot of people registering for this auction that have never participated before," said Mary Dettloff, spokeswoman for the Michigan Department of Natural Resources and Environment.

    "We've been approached by these companies through the mail, on the telephone and, in fact, they've just shown up at the door," said Susan Page, a 65-year-old Cheboygan Township resident who ultimately opted not to lease the mineral rights for her property near Twin Lake. "They're very enthusiastic about things, and it makes you sort of suspicious."

    From The Detroit News: http://www.detnews.com/article/20101004/BIZ/10040329/Gas-drilling-technique-sparks-fears-in-Michigan#ixzz11zU8KqNg

    2)Michigan State Lease Sale coming up Oct 26-28. Auction results will help to better value BBEP’s 120,000 acres of Collingwood Shale rights.

    http://www.michigan.gov/documents/dnr/OctCatalog_334507_7.pdf

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