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

OGJ Newsletter

Apr 19, 2010

Firms form KinderHawk JV for Haynesville shale operations

Apr 15, 2010

Kinder Morgan Energy Partners has entered into a definitive agreement to purchase a 50% interest in Petrohawk Energy Corp.’s natural gas gathering and treating business in the Haynesville shale for $875 million in cash.

ETP receives FERC approval for Tiger gas pipeline

Apr 14, 2010

Energy Transfer Partners LP reported that the US Federal Energy Regulatory Commission has approved construction and operation of its planned Tiger natural gas pipeline, which will serve the Haynesville shale and Bossier sands producing regions in Louisiana and East Texas.

OGJ Newsletter

Apr 12, 2010

Quantum Resources to buy former Encore assets

Apr 6, 2010

Quantum Resources Management LLC plans to buy certain oil and gas assets from Denbury Resources Inc. for $900 million.

Equipment/Software/Literature

Apr 5, 2010

Enterprise Products to acquire M2 Midstream assets

Apr 1, 2010

Enterprise Products Partners LP agreed to buy two natural gas gathering and treating systems from subsidiaries of M2 Midstream LLC for $1.2 billion.

Newberry named Callon Petroleum production VP

Apr 1, 2010

Callon Petroleum Co., Natchez, Miss., has named Gary Newberry vice-president, production and development.

'Flexible factory' steadies unconventional gas work

Mar 15, 2010 Enhancing operational flexibility of the factory approach to unconventional-gas drilling programs can help operators lower the risk of inefficient use of capital, which some have encountered with costly results.

Special Report: LNG Update: US gas market well-supplied: LNG or shale gas?

Mar 15, 2010 Expanding natural gas production from indigenous sources poses the most serious threat to imports of natural gas as LNG into North America, primarily the US.

Salazar defends proposed increased costs for producers

Mar 8, 2010 US Interior Secretary Ken Salazar defended plans to increase oil and gas royalties and fees on federal leases as he testified Mar. 3 before a US Senate committee on his department's fiscal 2011 budget request.

Salazar defends proposed increased costs for producers

Mar 3, 2010

US Interior Secretary Ken Salazar defended plans to increase oil and gas royalties and fees on federal leases as he testified Mar. 3 before a US Senate committee on his department’s fiscal 2011 budget request.

EXCO-BG ramps up Haynesville gas output

Mar 1, 2010 EXCO Resources Inc. has hiked gross production to 340 MMcfd in its Haynesville shale 50-50 joint venture with BG Group PLC and has begun horizontal drilling in the Marcellus shale.

Chesapeake cements position in six onshore US gas plays

Mar 1, 2010 The Texas Panhandle and Oklahoma Granite Wash plays are Chesapeake's highest and second highest rate-of-return plays due to high oil and natural gas liquids content.

Equipment/Software/Literature

Mar 1, 2010
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