Chesapeake Energy Corp. said its natural gas-driven production jumped 18% last year, led by its “Big Four” gas shale plays: the Barnett, Haynesville, Fayetteville and Marcellus. However, with gas prices slumping from last year’s highs, the producer said it will issue $1 billion in long-term debt to pay off some bank debt.
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New Gas Supplies Put Spotlight on Perryville, LA, Infrastructure
As new supplies of gas from the Barnett Shale and Bossier Sands in Texas, the Haynesville Shale in northwest Louisiana, the Woodford Shale in southeastern Oklahoma and the Fayetteville Shale in northeast Arkansas continue to ramp up, Perryville, located in northeastern Louisiana, finds itself ideally situated as a gathering place to store and move the gas to markets in the Midwest, Northeast and Southeast.
Ozark Gas to Build Takeaway Pipe for Fayetteville Shale
Ozark Gas Transmission LLC, an affiliate of Tulsa, OK-based Atlas Pipeline Mid-Continent LLC, is proposing to build a new pipeline to transport natural gas from the developing Fayetteville Shale area in Arkansas.