Haynesville Shale giant Comstock Resources Inc. “went back to work” in the third quarter to try to cash in on expected higher natural gas prices by accelerating seven well completions and by adding two horizontal drilling rigs, CEO Jay Allison said Thursday.


“We have advantaged access to the demand market of the Gulf Coast,” Allison said in a third quarter earnings call, as the Haynesville straddles North Louisiana and East Texas. With access to the Gulf Coast, there is the possibility the play could be a key supplier for liquefied natural gas (LNG) and pipeline exports.

“We need to lean into that market that we have,” he said. “You see LNG exports, I mean they are at an all-time high right now.”

Combined gas feed to the six U.S. LNG export terminals has...