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The 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.
Southern Star shines with third Haynesville discovery
Apr 19, 2009
Oil and gas exploration company Southern Star Energy Inc. has successfully drilled and logged the targeted Haynesville interval in its Boyce-Pate 16-1 Well, with positive results. The well is located in the east-central section of the company's Sentell Field in the Bossier Parish, La. section of the Haynesville Shale play. |
Regency clinches financing for Haynesville shale pipeline project
Feb 27, 2009
Regency Energy Partners LP, Alinda Capital Partners LLC, and an affiliate of GE Energy Financial Services have formed a joint venture to finance and construct Regency's Haynesville Expansion Project, a North Louisiana pipeline that will transport gas from the Haynesville Shale. |
Forest Oil completes Haynesville/Bossier shale well
Feb 11, 2009
Forest Oil has reported results from its first horizontal Haynesville/Bossier shale well in the East Texas/North Louisiana corridor. |
The “natural gas revolution” is changing global energy dynamics, including the outlook for energy security in the United States and elsewhere. 
In his keynote speech to the annual 31st annual CERAWeek Executive Conference in Houston, Peter Voser, CEO of Royal Dutch Shell plc, outlines what the industry and policymakers must do to ensure society fully leverages the many benefits of natural gas. He calls for well-targeted and robustly enforced regulations to ensure tight and shale gas production meets the highest standards. He also urges the industry to do a better job of listening and responding to public concerns about the environmental and operational challenges associated with gas production.
Read the full speech by Peter Voser here.