Haynesville Shale

Publicly listed independent Goodrich Petroleum Corp. has agreed to be taken private by Paloma Partners VI Holdings LLC in a deal valued at roughly $480 million. Paloma, an affiliate of EnCap Energy Capital Fund XI LP, plans to launch a tender offer to acquire for $23/share in cash all of Goodrich’s outstanding common stock.  Goodrich…

Over the past two decades, Diversified Energy Co. has grown into a $1.3 billion company that operates 69,000 natural gas wells across the Lower 48, which produce about 106,000 boe/d on average.  In fact, the Birmingham, AL-based and London Stock Exchange-listed firm claims it is the largest U.S. gas well operator. “Natural gas will be…

Haynesville Shale-focused Comstock Resources Inc. has set a mid-2022 goal to certify its North Louisiana and East Texas natural gas production, which currently is 2 Bcf/d. The Frisco, TX-based independent is partnering with MiQ to certify the gassy production. Under the MiQ Standard, the nonprofit would assess and grade the methane emissions intensity, ensure enhanced…

Enterprise Products Partners LP once again is seeking to expand its Acadian natural gas system in Louisiana amid increased activity among its producer customers in the Haynesville Shale. Enterprise is working to add 400 MMcf/d of capacity to the Acadian Gas Pipeline System, a 1,300 mile-long conduit linking Louisiana and Gulf of Mexico gas to…

Haynesville Shale-focused Comstock Resources Inc. has set a mid-2022 goal to certify its North Louisiana and East Texas natural gas production, which currently is 2 Bcf/d. The Frisco, TX-based independent is partnering with MiQ to certify the gassy production. Under the MiQ Standard, the nonprofit would assess and grade the methane emissions intensity, ensure enhanced…

Southwestern Energy Co. is increasing its hold on Lower 48 natural gas with a $1.85 billion takeover of GEP Haynesville LLC, the third-largest private explorer in the play. The transaction, once completed, would boost Southwestern’s Haynesville scale by 700 MMcf/d, giving it total estimated output of 4.7 Bcfe/d. The deal, it said, “expands exposure” to…

Chesapeake Energy Corp. plans to direct 85% of its capital spending in 2022 to the “highest return opportunities” in the Eagle Ford, Haynesville and Marcellus shales, as it bears down on sharply reducing methane intensity across the board. CEO Nick Dell’Osso, who took the helm of the Oklahoma City-based independent last month, led a conference…

U.S. onshore oil and natural gas production is set to rise from October to November, propelled by supply growth in the Permian Basin and Haynesville Shale, according to updated projections Monday from the U.S. Energy Information Administration (EIA). Natural gas production from seven key U.S. producing regions — the Anadarko, Appalachia and Permian basins, along…

Halliburton Co. and VoltaGrid LLC have clinched a multi-year contract with Aethon Energy Management LLC to deploy an all-electric fracturing solution in the Haynesville Shale. The project combines Halliburton’s all-electric fracturing spread, which uses the Zeus 5,000 hp electric pumping unit, with VoltaGrid’s power generation system, which offers real-time emissions tracking. “All-electric fracturing represents an…