Experience RS

Middle Bossier – Not Such a Middlin’ Target


Brad Johnston, G.I.T., Sr. Associate

Author Biography

Brad joined RSEG in July 2016 and specializes in the analysis of Gulf Coast plays, including the Eagle Ford and Haynesville. Brad earned a bachelor of science (biology) from St. Francis Xavier University in 2011 and a bachelor of science (geology) from the University of Calgary in 2014. His previous work experience includes internships and positions at Imperial Oil and Enerplus.

The Middle Bossier is traditionally the secondary target in the Haynesville. To analyze trends and assign inventory, RSEG built a viable outline for the interval based on reservoir quality and production results, available to our clients in this workbook. The outline mostly spans the southern half of the play.

Within this outline, Middle Bossier activity is on the rise. The interval accounted for almost half of all wells drilled since 2018, significantly more than the 2009-17 average of 18% (Figure 1). In 2018-19, well results are nearly identical between the two intervals with recoveries expected to average 2.1-2.3 Bcf/1,000’ (Figure 2). Though the two intervals achieve similar results, the increased depth of Texas wells raise average half-cycle breakevens to around $2.75/Mcf compared to $2.20/Mcf on the Louisiana side.

This area is interesting since it generally falls outside of the more heavily drilled LA Core. If operators continue to see success in developing the two intervals, it will help to substantially increase drilling inventory. Supermajors BP and XOM are the most active Middle Bossier operators on the Texas side of the play, while Louisiana is dominated by private operators Vine, Indigo and GeoSouthern.

FIGURE 1 | Percentage of Wells in RSEG’s Viable Middle Bossier Area by Target Interval


Source | RSEG

FIGURE 2 | Haynesville and Middle Bossier Recoveries by Interval and State


Source | RSEG



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