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Haynesville Shale

Southwestern Energy Boosts Spending to Fight Inflation, Prepare for 2023

Southwestern Energy Boosts Spending to Fight Inflation, Prepare for 2023

Southwestern Energy Co. said Friday it would increase both production and spending this year in response to inflation. The company also plans for a 2023 maintenance program, and free cash flow would be strengthened by the move.  COO Clay Carrell said a second company-operated fracture fleet would be added in Appalachia by the end of…

August 8, 2022
Comstock Fights High Diesel Costs in Haynesville with Natural Gas Fracturing Fleet

Comstock Fights High Diesel Costs in Haynesville with Natural Gas Fracturing Fleet

Haynesville Shale-focused Comstock Resources Inc. is combating high diesel costs in its completions with natural gas-fueled hydraulic fracturing fleets, management said Tuesday. In April, the Frisco,TX-based independent deployed its first BJ Energy Solutions Titan gas-powered fracturing fleet. The deployment subsequently cut completion costs 15% versus a conventional diesel-fueled fleet on the first two well pads,…

August 4, 2022
Texas Tally Rises, Lifting U.S. Drilling Total Higher in Latest Baker Count

Texas Tally Rises, Lifting U.S. Drilling Total Higher in Latest Baker Count

With activity climbing in Texas, the U.S. rig count surged nine units higher to 767 for the week ended Friday (July 29), according to the latest tally from oilfield services provider Baker Hughes Co. (BKR). Oil-directed drilling increased by six rigs domestically, with two natural gas-directed rigs and one miscellaneous unit also added for the…

July 29, 2022
Kinder Morgan Records Stronger Natural Gas Volumes in Texas

Kinder Morgan Records Stronger Natural Gas Volumes in Texas

Rising natural gas gathering volumes in the Haynesville and Eagle Ford shales boosted the bottom line during the second quarter for Kinder Morgan Inc., which is now looking to grow its supplies for U.S. LNG exports. Gas gathering volumes during 2Q2022 were up 12% year/year, led by a 15% increase in Haynesville volumes and a…

July 25, 2022
Appalachia, Haynesville Seen Leading Lower 48 Natural Gas Output Gains in August

Appalachia, Haynesville Seen Leading Lower 48 Natural Gas Output Gains in August

Natural gas production from seven key U.S. onshore regions is set to rise 748 MMcf/d month/month to just over 93 Bcf/d in August, according to updated modeling from the Energy Information Administration (EIA). The Appalachian Basin and the Haynesville Shale are poised to experience the most natural gas output growth from July to August, with…

July 21, 2022
More Natural Gas Output Growth Expected from U.S. Onshore in August, EIA Says

More Natural Gas Output Growth Expected from U.S. Onshore in August, EIA Says

Natural gas production from seven key U.S. onshore regions is set to rise 748 MMcf/d month/month to just over 93 Bcf/d in August, according to updated modeling from the Energy Information Administration (EIA). The Appalachian Basin and the Haynesville Shale are poised to experience the most natural gas output growth from July to August, with…

July 18, 2022
Lower 48 Oil and Natural Gas Permitting Dips Again in June as Texas, Louisiana Slip

Lower 48 Oil and Natural Gas Permitting Dips Again in June as Texas, Louisiana Slip

June is usually a strong month for U.S. oil and gas permitting, but activity overall dipped for the second month in a row, according to an analysis by Evercore ISI. The investment firm each month compiles a rundown of permitting activity in the United States using state and federal data. According to Evercore, June saw…

July 18, 2022
Tellurian Bulks Up Lower 48 Natural Gas Production with Haynesville Package

Tellurian Bulks Up Lower 48 Natural Gas Production with Haynesville Package

Tellurian Inc., which has since its inception buoyed its Lower 48 natural gas portfolio to feed its proposed export project in Louisiana, on Wednesday gobbled up more producing wells and infrastructure in the Haynesville Shale. Subsidiary Tellurian Production LLC (TPC) agreed to purchase a package of assets from privately held EnSight IV Energy Partners LLC…

July 13, 2022
Texas Natural Gas, Oil Tax Takes Set Dual Records

Texas Natural Gas, Oil Tax Takes Set Dual Records

Texas’ natural gas production tax generated $439.1 million in June, up 176% year/year and a new state record, the Texas Comptroller of Public Accounts reported last week. The Lone Star State’s latest natural gas production tax take beats the previous record for the levy, set in May, by 6.3%. Also hitting an all-time high was…

July 6, 2022
Haynesville Awaiting More Capacity to Avoid Natural Gas Takeaway Constraints

Haynesville Awaiting More Capacity to Avoid Natural Gas Takeaway Constraints

The natural gas industry has shown renewed affection for the natural gas-rich Haynesville Shale, but darker times may lie ahead unless proposed takeaway projects move forward, according to an analysis by Wells Fargo Securities. The analyst team, led by managing director Michael Blum, outlined two scenarios under which additional infrastructure would be needed in the…

June 23, 2022
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