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

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.

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.

OGJ Newsletter

Aug 16, 2010 International News for oil and gas professionals

Services/Suppliers

Aug 2, 2010

Encana sees N. America gas play efficiencies

Jul 22, 2010

Encana Corp. has only just begun to implement the gas factory approach in its North American resource plays and sees large operational and cost efficiencies in doing so, company management said on a July 21 conference call.

Cost pressure, demand seen boosting US gas price

Jul 19, 2010 The price of natural gas in the US will increase to $6.50-7/MMbtu by 2015 because of cost pressure and rising demand, a Wood Mackenzie analyst told a conference in Denver.

COMPANY NEWS: Noble to buy Frontier Drilling for $2.16 billion

Jul 12, 2010 Drilling contractor Noble Corp. plans to buy privately owned Frontier Drilling for $2.16 billion even though no near-term new drilling is expected for the Gulf of Mexico during court battles over the US moratorium on deepwater drilling.

Special Report: Midyear Forecast: US energy demand gears up for expansion

Jul 5, 2010 Demand for oil and gas in the US will climb this year, boosted by tepid economic growth.

Special Report: Midyear Forecast: US, Canada drilling rekindled as gulf faces uncertainty

Jul 5, 2010 Drilling onshore in the US and in western Canada is enjoying a brisk uptick from 2009 as US Gulf of Mexico activity succumbs to federal regulatory uncertainty.

Shale gas changes N. American gas production projections

Jul 1, 2010 Estimates of ultimate gas recovery from shales have changed the outlook for gas production in the US and Canada.

GULF COAST ECONOMIC LIMITS—3: Economic limits calculated for fields across Louisiana

Jun 21, 2010 During 1977-2007, 690 oil and gas fields in Louisiana terminated production.
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