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

EOG tests Bossier pay on Haynesville spread

Feb 22, 2010 EOG Resources Inc., Houston, will drill several wells in 2010 to prove its belief that Jurassic Bossier dry gas pay exists on at least half of its 160,000 acres in the Jurassic Haynesville play in Northwest Louisiana and East Texas.

Callon adds onshore, shale gas components

Feb 3, 2010

Callon Petroleum Co., Natchez, Miss., has added onshore and unconventional assets to its Gulf of Mexico properties and set a $61.7 million capital budget for 2010.

Special Report: Canada looks to shales for boost to gas supply

Dec 14, 2009 Natural gas from shale formations represents a potentially crucial source of supply growth in Canada, where production from conventional reservoirs is declining in a trend likely to continue.

OGJ Newsletter

Dec 7, 2009

SEC rules might have meant US oil reserves hike

Nov 9, 2009 Proved US crude oil reserves fell by more than 10% in 2008, but there would likely have been a smaller drop or perhaps even an increase under new Securities and Exchange Commission rules.

Gas supply potential linked to corporate strategies

Nov 9, 2009 The potential of natural gas to reshape energy markets should exert parallel influence on corporate strategies, speakers said at the RMI Oilfield Breakfast Forum in Houston.

OGJ Newsletter

Nov 2, 2009

New plays emerge, although environmental issues arise

Oct 19, 2009 New shale plays continue to emerge in North America and elsewhere, but issues related to the environment and land will affect commercial shale development.

API: US drilling up, but still below year ago

Oct 19, 2009 US oil and gas drilling activity rebounded somewhat from the previous 3-month period during 2009's third quarter but remained substantially lower than the comparable 2008 period, the American Petroleum Institute reported.

Special Report: Gas Shale—2: Lessons learned help optimize development

Oct 5, 2009 Exploring for resource quality, building advanced technological capability, pursuing improved performance and cost efficiencies, and adopting high-value entry strategies are some factors leading to successful exploitation of gas shales.

Special Report: Understanding process key to shale gas development

Sep 28, 2009 Making hydrocarbon production from shales a profitable venture requires a process for driving down overall costs.

Repsol YPF confirms large gas find off Venezuela

Sep 28, 2009 Repsol YPF SA confirmed earlier reports that it has made a giant natural gas discovery off Venezuela.

Special Report: GAS SHALE—1: Seven plays dominate North America activity

Sep 28, 2009 Seven shale plays dominate today's North America natural gas potential reserves additions and production increases.

OGJ Newsletter

Sep 21, 2009

OGJ Newsletter

Jul 20, 2009
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