LOUISIANA HAYNESVILLE SHALE—2: Economic operating envelopes characterized for Haynesville shale

Mark J. Kaiser Yunke Yu Louisiana State University Baton Rouge The Haynesville shale has grown into the largest gas shale play in the US due to favorable geologic conditions and technological improvements in drilling horizontal wells and stimulation treatment. Unconventional gas resources are abundant, but their development is particularly sensitive to technologic risk, geologic uncertainty, and gas price. Misunderstanding aboveground risk, however, can have an unpleasant effect on project economics. The two defining characteristics of shale gas development in Louisiana's Haynesville shale are the high costs of drilling and completion and the high degree of uncertainty surrounding physic...

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