Haynesville

Haynesville Shale ImageThe Haynesville shale play runs through northwestern Louisiana, northeastern Texas, and the southwestern tip of Arkansas. Some industry experts believe the Haynesville shale could ultimately produce as much as 30 to 40 trillion cubic feet of natural gas and will outproduce the Barnett shale in less than five years. The reason is the formation is very deep and very thick. The depth and high pressures make drilling expensive, but the payout is believed to be worth the cost.

Chesapeake Energy is the major leaseholder and producer in the Haynesville, but several smaller operators, including Houston-based Petrohawk Energy, have acquired significant positions and are increasing production quickly. The Cotton Valley tight gas formation is located just above the Haynesville shale and is also a major target for companies operating in this area.

Haynesville

Haynesville Shale News

Louisiana: Brown Dense leasing spreads eastward

Nov 16, 2011

Leasing spurred by the oil and gas potential of the emerging Jurassic Lower Smackover Brown Dense limestone has spread to East and West Carroll parishes, together with St. Tammany the state’s only parishes without hydrocarbon production.

Louisiana: Forest returns rig to Haynesville shale

Nov 1, 2011

Forest Oil Corp., Denver, has returned a drilling rig to its acreage in the Haynesville shale play of East Texas and Northwest Louisiana.

Louisiana official reports activity on third expansive play

Aug 31, 2011

Oil and natural gas producers have begun work on developing a third expansive play in Louisiana, giving the state one proved and producing formation and two that are being watched closely, according to Scott Angelle, secretary of Louisiana’s Department of Natural Resources.

Bulgaria Jurassic Etropole shale gas drilling set

Aug 30, 2011

LNG Energy Ltd., Vancouver, BC, entered into a term sheet with a unit of TransAtlantic Petroleum Ltd., Dallas, to earn a 50% interest in a future shale gas production concession in northwestern Bulgaria.

Southwestern to probe Smackover Brown Dense lime

Jul 29, 2011

Southwestern Energy Co., Houston, said it has accumulated 460,000 net acres prospective for oil in Upper Jurassic Lower Smackover Brown Dense limestone along the Arkansas-Louisiana state line.

BHP Billiton to buy Petrohawk for $12.1 billion

Jul 14, 2011

BHP Billiton Petroleum will acquire Petrohawk Energy Corp., Houston, for $12.1 billion, giving the Australian firm operated positions in the US Eagle Ford and Haynesville shale resource plays and the Permian basin.

Obama keeps pledge to end oil tax incentives in 2012 budget request

Feb 14, 2011

The White House followed through on US President Barack Obama’s promise to eliminate oil and gas incentives and preferences with a fiscal 2012 federal budget request that would increase direct taxes on the industry by an estimate $3.472 billion next year and $43.612 billion over 10 years.

Acadian Gas lets contract for Haynesville extension project

Jan 25, 2011

Acadian Gas LLC, owned by Duncan Energy Partners (66%) and Enterprise Products Partners (34%), let a contract to Willbros Group Inc. for the construction of a portion of its Acadian Haynesville Extension Project.

OGJ Newsletter

Dec 20, 2010

Shale gas supply expected to keep US prices low in 2011

Dec 13, 2010 While another year of price distress awaits US producers of natural gas from shale reservoirs, technology has lowered breakeven thresholds of important plays, speakers said at an industry conference in Houston.

Frac services costly in tight supply, operators say

Dec 6, 2010 Operators faced with costly delays in obtaining fracturing crews are considering their options, and some are assembling their own company-owned fracture stimulation fleets and also entering long-term service contracts.

El Paso plans one-rig Wolfcamp shale oil program into 2011

Nov 15, 2010 El Paso Corp. plans to spud a well during November in its Wolfcamp shale oil acreage in West Texas as part of a one-rig program focused on finding the optimal lateral length and completion method before the company ramps up Wolfcamp drilling activity during 2011.

OGJ Newsletter

Nov 8, 2010

Fruitland to Barnett to…

Oct 25, 2010 Have all of the large shale gas and oil fields in the US been found, as one chief executive officer claimed in mid-October?

OGJ Newsletter

Oct 18, 2010
Stay Connected