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

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?

Regulators voice concerns at Marcellus shale conference

Oct 18, 2010

Producers and government officials should anticipate potential problems with shale gas development and be prepared to respond to them, participants on two panels said Oct. 11 at the 2010 Marcellus Summit in State College, Pa.

OGJ Newsletter

Oct 18, 2010

Denbury to sell Haynesville, East Texas gas assets

Oct 13, 2010

Denbury Resources Inc. plans to sell its Haynesville and East Texas natural gas assets for $217.5 million to an unidentified private oil and gas company.

SERVICES | SUPPLIERS

Oct 4, 2010

Louisiana

Sep 23, 2010

Callon Petroleum Co., Natchez, Miss., has placed on production its first Haynesville shale well in North Louisiana, which holds the company’s acreage in the play.

SERVICES | SUPPLIERS

Sep 6, 2010

Louisiana

Aug 31, 2010

EXCO Operating Co. LP’s Thomas 36-1 well in North Louisiana’s Johnson Branch field had a post-completion clean-up rate of 15 MMcfd of gas with 7,000 psi flowing casing pressure from the Haynesville shale, said 37% working interest owner Cubic Energy Inc., Dallas.

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