?Houston-based Object Reservoir Inc. has commenced a multicompany initiative known as the Haynesville Shale Collaborative Exploitation Project to help increase the value of Haynesville assets. Companies participating include BP America, Comstock Resources, Exco Resources, Forest Oil, Petrohawk Energy and several other prominent Haynesville operators; a limited number of additional operator participants will be admitted to the project.

The project began on April 1 and its objectives are to accelerate the learning curve for optimal exploitation of operators’ Haynesville assets with best practices for well stimulation, completion and spacing.

In partnership with reserves determination firm DeGolyer and MacNaughton, Object Reservoir’s efforts are intended to lead to practical prescriptions for turning resources into reserves, helping operators monetize their assets earlier by booking proved reserves and determining contingent resources. The project will include well and other data from both Louisiana and Texas.

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