Haynesville Shale

Natural Gas Count Up Three in U.S. as Marcellus, Haynesville Pick Up Rigs

Natural Gas Count Up Three in U.S. as Marcellus, Haynesville Pick Up Rigs

The U.S. natural gas drilling count rose three units to 117 for the period ending Wednesday (Nov. 22) as the Haynesville and Marcellus shales picked up rigs, Baker Hughes Co. (BKR) data show. Oil-directed drilling was unchanged at 500 rigs in the United States for the period, while the addition of one miscellaneous unit helped…

November 22, 2023
Natural Gas Production Declines from Appalachia, Haynesville; Permian Seen Gaining, EIA Says

Natural Gas Production Declines from Appalachia, Haynesville; Permian Seen Gaining, EIA Says

Overall natural gas production from seven major U.S. onshore regions is expected to recede from November to December but remain robust at just under 100 Bcf/d, according to updated modeling published Monday by the U.S. Energy Information Administration (EIA). The agency’s latest monthly Drilling Productivity Report (DPR) projected combined December production of 99.638 Bcf/d from…

November 14, 2023
Southwestern CEO Sees Haynesville Producer Discipline, LNG Demand Boosting Natural Gas Prices

Southwestern CEO Sees Haynesville Producer Discipline, LNG Demand Boosting Natural Gas Prices

The management team of Southwestern Energy Co. sees strengthening natural gas prices on the horizon, as U.S. producers tap the brakes on output and LNG exports continue to rise. CEO Bill Way hosted a conference call to discuss third quarter results for the natural gas-weighted independent, which operates in the Appalachian Basin and the Haynesville…

November 6, 2023
Chesapeake Prepared to Expand Natural Gas Drilling in 2024 Ahead of LNG Export Growth

Chesapeake Prepared to Expand Natural Gas Drilling in 2024 Ahead of LNG Export Growth

Chesapeake Energy Corp. has turned to another global commodity trader to help expose more of its U.S. natural gas production to international markets, inking a tentative deal with Vitol Inc. to sell up to 1 million metric tons/year (mmty) of LNG. The heads of agreement (HOA) follows one that Chesapeake signed earlier this year with…

November 1, 2023
Comstock Moves to Boost Western Haynesville Exposure to LNG with Midstream Partnership

Comstock Moves to Boost Western Haynesville Exposure to LNG with Midstream Partnership

Comstock Resources Inc. has forged a midstream partnership to boost outflow from its western Haynesville Shale assets as it looks past the current slump of natural gas prices into a future of surging Gulf Coast LNG demand. The Frisco, TX-based independent disclosed it is contributing its Pinnacle gathering system and 145-mile associated pipeline, as well…

November 1, 2023
Natural Gas Production Seen Sliding into November on Weaker Haynesville, Appalachia Output

Natural Gas Production Seen Sliding into November on Weaker Haynesville, Appalachia Output

Led by declines in the Haynesville Shale and Appalachian Basin, Lower 48 natural gas production, as represented by seven key onshore regions tracked by the U.S. Energy Information Administration (EIA), will fall by nearly 500 MMcf/d from October to November. EIA in its latest monthly Drilling Productivity Report (DPR), published Monday, modeled combined natural gas…

October 17, 2023
Questions Loom Over Haynesville Production as LNG Export Capacity Surge Nears

Questions Loom Over Haynesville Production as LNG Export Capacity Surge Nears

As U.S. LNG exporters race to be the next project built on the Gulf Coast, natural gas demand is forecast to soar through the decade, causing near-term supply and infrastructure constraints throughout the market. Speaking at the Gulf Coast Energy Forum in New Orleans, RBN Energy LLC’s David Braziel, director of fundamental analysis, said the…

October 16, 2023
Appalachia, Haynesville Regions to Lead Natural Gas Production Declines into October, EIA Says

Appalachia, Haynesville Regions to Lead Natural Gas Production Declines into October, EIA Says

Driven by declines from the Appalachian Basin and the Haynesville Shale, combined natural gas output from seven key Lower 48 regions will trend lower from September to October, according to updated modeling from the U.S. Energy Information Administration (EIA). Combined natural gas output from the seven regions — a group that also includes the Anadarko…

September 19, 2023
PHX Growing Haynesville, SCOOP Royalty Position Amid Natural Gas Price Slump

PHX Growing Haynesville, SCOOP Royalty Position Amid Natural Gas Price Slump

PHX Minerals Inc. is using the current natural gas price downturn to expand its mineral and royalty positions in the Haynesville Shale and South Central Oklahoma Oil Province (SCOOP) plays, management said Thursday. The Fort Worth, TX-based independent agreed to acquire about 988 net royalty acres in the Haynesville and SCOOP from five separate sellers…

August 28, 2023
Clearfork Midstream Completes 65% Natural Gas Capacity Increase in Haynesville

Clearfork Midstream Completes 65% Natural Gas Capacity Increase in Haynesville

Clearfork Midstream LLC said Tuesday it culminated a series of expansions across its Holly System in North Louisiana, boosting its gathering and processing (G&P) volumes there above 1.0 Bcf/d as the company responds to strong demand from natural gas producers in the Haynesville Shale. “These significant system upgrades extend” Clearfork “into new areas throughout the…

August 23, 2023