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Haynesville Shale

Production from Shale Plays Will Continue Edging Higher in February, EIA Says

Production from Shale Plays Will Continue Edging Higher in February, EIA Says

Natural gas and oil production from wells in six domestic shale plays/basins will continue to edge higher in February, buoyed in large part by the Marcellus, Eagle Ford and Bakken, according to estimates released Tuesday by the Energy Information Administration (EIA).

January 14, 2014
Permian, Eagle Ford Lead Texas Drilling as Production Climbs

Permian, Eagle Ford Lead Texas Drilling as Production Climbs

Texas oil and natural gas production during October continued to climb from year-ago levels, according to preliminary data released by the Railroad Commission of Texas (RRC). Drilling permit activity is down slightly from a year ago, but the Permian Basin and Eagle Ford Shale regions continue to lead the pack for permits issued.

December 24, 2013
EIA Pegs Marcellus Gas Production at Nearly 13 Bcf/d in December

EIA Pegs Marcellus Gas Production at Nearly 13 Bcf/d in December

Natural gas production in the Marcellus Shale continues to surge higher, with 12.9 Bcf/d expected to come out of the prolific play in December, a 3.3% increase from 12.5 Bcf/d in November, according to EIA’s second Drilling Productivity Report (DPR) for key tight oil and shale gas regions.

November 13, 2013

Texans Pass Water Measure Supported by Oil, Gas Industry

Texans have voted overwhelmingly for a constitutional amendment to allocate $2 billion from the state’s “rainy day” fund to programs intended to secure water supplies in the frequently drought-stricken state. The measure had the support of the oil and gas industry, whose use of water for hydraulic fracturing is often scrutinized.

November 7, 2013

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The Texas Petro Index (TPI), a barometer of oil and gas activity in the Lone Star State, set another record in September, mainly on the back of robust oil production. But while natural gas production declines, stronger prices more than compensate.

November 7, 2013
Berry Downplays Gas for Uinta, Permian Oil

Berry Downplays Gas for Uinta, Permian Oil

Denver-based Berry Petroleum Co. said Wednesday it expects to see its natural gas assets in the Piceance in Colorado and East Texas Haynesville/Bossier Shale decline this year as its continues to target its investment toward oil assets in the Uinta and Permian Basins.

October 23, 2013
EIA Launches Drilling Productivity Report

EIA Launches Drilling Productivity Report

It’s not how many rigs there are in the shale patch; it’s what they’re doing. As drilling productivity continues to climb, the industry has realized a simple rig count is a poor indicator of future production. Now the Energy Information Administration (EIA) is monitoring and reporting on drilling productivity.

October 22, 2013

Experienced Team Buys Haynesville System for $910M

Azure Midstream Holdings LLC, launched last year by a team of industry veterans, on Thursday agreed to pay $910 million to buy TGGT Holdings LLC, a Haynesville Shale gathering system, in a transaction valued at $910 million.

October 17, 2013
Drill, Baby, Drill — Faster Still

Drill, Baby, Drill — Faster Still

The average U.S. onshore drilling rig is producing 2% more wells than it did three months ago, and increasingly, rigs are targeting liquids-rich plays over those known for producing dry gas, according to Baker Hughes Inc.

October 14, 2013
Gulf South Project to Link Shales to Louisiana Demand

Gulf South Project to Link Shales to Louisiana Demand

Gulf South Pipeline Co. LP is targeting growing industrial demand in the Baton Rouge-New Orleans, LA, region with a potential expansion of its system that would tap shale gas supplies from multiple basins. The project joins another targeting a similar market from rival Spectra Energy Transmission.

September 24, 2013