Shales

The Haynesville, Horn River and Cana Woodford shales may drive Devon Energy Corp.’s future North American natural gas growth, but the Barnett Shale in North Texas “has plenty of running room left,” the company’s exploration chief said last week.

The Haynesville, Horn River and Cana Woodford shales may drive Devon Energy Corp.’s future North American natural gas growth, but the Barnett Shale in North Texas “has plenty of running room left,” the company’s exploration chief said Wednesday.

While some have said robust production from Lower 48 gas shales has all but doomed Arctic gas pipeline development, a Purvin & Gertz Inc. consultant believes developers that make haste and not waste can pull their projects through.

While some have said robust production from Lower 48 gas shales has all but doomed Arctic gas pipeline development, a Purvin & Gertz Inc. consultant believes developers that make haste and not waste can pull their projects through.

A series of successful natural gas wells drilled by EnCana Corp. in two emerging shales — the Haynesville Shale in Louisiana and the Horn River Basin of British Columbia (BC) — indicate that the two resource plays may be “among the largest in North America,” the CEO said Monday. Meanwhile, Chesapeake Energy Corp., the largest leaseholder in the Haynesville Shale, and Goodrich Petroleum Corp. agreed to jointly develop Goodrich’s Haynesville acreage.

XTO Energy Inc. is adding 35 MMcfe/d to its production base through a string of acquisitions in the Woodford, Fayetteville and Barnett shales. The company also announced last week it would no longer pursue a master limited partnership (MLP).

XTO Energy Inc. will buy a set of producing properties in the Woodford, Fayetteville and Barnett shales for $1 billion, it said Tuesday. The acquisitions, from multiple sellers, are expected to add 35 Mcfe to XTO’s production base.

Looking to further open up the transportation of natural gas from the various shales in Texas, Arkansas and Oklahoma, Midcontinent Express Pipeline LLC (MEP) last week filed an application with FERC requesting a certificate of public convenience and necessity for an approximately $1.27 billion, 500-mile transmission system.

Looking to further open up the transportation of natural gas from the various shales in Texas, Arkansas and Oklahoma, Midcontinent Express Pipeline LLC (MEP) on Wednesday filed an application with FERC requesting a certificate of public convenience and necessity for an approximately $1.27 billion, 500-mile transmission system.