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 Shale News

OGJ Newsletter

May 17, 2010 A semisubmersible rig sank in the Caribbean off Venezuela's eastern coast, but the crew of nearly 100 was reported safe.

Canning basin West Kora field due revival attempt

May 10, 2010 Buru Energy Ltd., Perth, plans to restore oil production from the West Kora-1 well in the onshore Canning basin of northwest Western Australia following the grant of a production license.

Tenaska announces Haynesville gathering expansion

Apr 29, 2010

Tenaska Capital Management LLC announced Apr. 28 the start of construction of its TPF II East Texas Gathering LLC natural gas gathering system serving the Haynesville shale formation in East Texas.

CHINA'S ENDOWMENT—2: China assesses unconventional land oil shale, oil sands, coal gas resources

Apr 26, 2010 The China National Petroleum Assessment (2003-07) evaluated coalbed methane, oil shale, and oil sands resources in Chinese onshore basins.

EOG sees Eagle Ford shale as major US oil discovery

Apr 19, 2010 EOG Resources Inc. has accumulated acreage across six counties in the Eagle Ford play of South Texas where the Houston independent has drilled 16 delineation wells over a 120-mile trend.

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.


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.
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