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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.
Investor group to gain shale play acreage with Samson acquisition
Nov 23, 2011
An investor group consisting of KKR, NGP, Crestview Partners and Itochu Corp., has signed a definitive agreement to acquire Samson Investment Co., one of the largest private exploration and production companies in the US, for $7.2 billion. |
EXCO sets 2012 budget, reduces Haynesville activity
Nov 18, 2011
Dallas-based EXCO Resources Inc. has estimated its 2012 capital budget around $710 million, including $585 million for development and completion activities. |
Pivotal LNG to provide LNG to Encana in Haynesville Shale
Aug 22, 2011
Pivotal LNG, a subsidiary of Atlanta-based AGL Resources Inc., has signed an agreement with Encana Natural Gas Inc., a subsidiary of Encana Corporation, to supply liquefied natural gas that Encana plans to offer to service providers operating fleet trucks in the Haynesville Shale area of Louisiana. |
Enbridge to invest $175M to expand Haynesville Shale infrastructure
Apr 29, 2011
Enbridge Energy Partners LP plans to invest an additional $175 million to expand its East Texas system serving Haynesville Shale producers. |
Encana to provide mobile LNG refueling stations for trucks serving Haynesville Shale
Apr 5, 2011
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Sun River Energy completes Haynesville Shale well in Carthage Field
Apr 5, 2011
Dallas-based Sun River Energy Inc., a development stage upstream oil and gas company, has completed the Neal Heirs # 1 well in the Haynesville Shale formation in East Texas and turned it to production on March 31. |
Barnett takes a backseat to Haynesville as nation's leading shale play
Mar 22, 2011
Louisiana’s Haynesville Shale is now the nation’s highest-producing shale gas play, surpassing the Barnett Shale in Texas, said the US Energy Information Administration (EIA) March 18, citing reported pipeline flows. |
Cubic Energy releases flow rates of three Haynesville wells
Jan 25, 2011
Dallas-based oil and gas company Cubic Energy has announced results of three horizontal Haynesville Shale wells in Northwest Louisiana. |
Haynesville drilling drives up Comstock Resources' reserves 45%
Jan 24, 2011
Comstock Resources Inc. said Jan. 24 that its proved oil and natural gas reserves as of Dec. 31, 2010 were estimated at 1,026 bcf of natural gas and 4.2 million barrels of crude oil or 1,051 bcfe, an increase of 45% as compared to total proved reserves as of Dec. 31, 2009 of 726 bcfe. |
Mainland Resources looks for commercial Haynesville in Mississippi
Jan 4, 2011
Mainland Resources has reached total depth of 22,000 feet with its Burkley-Phillips well, drilled to test the Haynesville in Jefferson County, Mississippi on the border with Louisiana. The company is now determining its path to completion. |
Comstock delayed in completing Haynesville and Bossier shale wells
Oct 19, 2010
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Gastar completes Middle Bossier well
Oct 1, 2010
Gastar Exploration Ltd. has completed the Streater #1 well in a single middle Bossier zone. |
Cubic Energy spuds another horizontal Haynesville shale well
Sep 1, 2010
Cubic Energy Inc. has drilled another horizontal well in the Haynesville shale. The Red Oak Timber 7-1 ALT spud on August 6, 2010 with surface casing set at 1,903 feet. |
Mexco Energy buys royalty interests in Haynesville shale
Aug 18, 2010
Mexco Energy Corp. has purchased overriding royalty interests in 5,120 gross acres covering eight sections in the Haynesville trend area of DeSoto Parish, Louisiana, for roughly $1.65 million. |
Cubic Energy participates in horizontal Haynesville Shale well
Aug 16, 2010
Cubic Energy Inc. holds a 24% working interest in the Crow 8 No. 1 well in the Haynesville shale area that spud on August 10. |