BP calls the Haynesville Shale “the most revenue generative gas play in the U.S.” The northern Louisiana/east Texas gas giant recently celebrated a milestone: in 2018 the Haynesville Shale turned 10. The Haynesville has won and lost the shale boom popularity contest a few times […]
Category: News
Updates on the oil and gas industry for the Haynesville shale.
Haynesville’s Gigantic Gas Resurgence Could Be A Winner In LNG Export Race
Ever since producers took some big financial beatings after prices plummeted a few years ago, the Haynesville Shale play has positioned itself for an economic resurgence. For those following natural gas production in the U.S., this should not come as a surprise. It has a lot going […]
BHP to exit US shale with deals worth $10.8 billion
BHP has entered into agreements to sell its entire interests in the Eagle Ford, Haynesville, Permian, and Fayetteville onshore US oil and gas assets for a combined base consideration of $10.8 billion, payable in cash. BHP has entered into agreements to sell its entire interests […]
Haynesville Region Drilling Productivity Report
August 2019: drilling data through July projected production through September Monthly additions from one average rig are 0 barrels/day month over month and up 46 thousand cubic feet/day month over month. READ THE FULL REPORT HERE
U.S. natural gas production reaches a new record despite low prices
U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019, according to estimates from IHS Markit. Natural gas production also set a new monthly record in August, averaging […]