Haynesville Shale

Overall U.S. Rig Count Unchanged as Canada Gains

Overall U.S. Rig Count Unchanged as Canada Gains

Recent declines in the weekly U.S. rig count ended Friday with a splat rather than a bounce. The Baker Hughes Inc. count of active U.S. oil and natural gas rigs was static at 787 units.

October 23, 2015

Shale Play Oil, Gas Production to Decline Again in November, EIA Predicts

Total natural gas and oil production from seven of the nation’s largest unconventional plays will decline slightly next month compared with October, continuing a downward trend begun in April, according to the Energy Information Administration (EIA).

October 13, 2015
Appalachia Could Unleash Up to 10 Bcf/d Once Prices, Takeaway Cooperate, Says Genscape

Appalachia Could Unleash Up to 10 Bcf/d Once Prices, Takeaway Cooperate, Says Genscape

The Northeast has replaced weather as the wildcard in the U.S. natural gas markets because deferred and constrained wells could unleash as much as 10 Bcf/d if prices were to cooperate, a Genscape Inc. expert said Wednesday.

October 2, 2015
Haynesville Refrack Market to Exceed $500M by 2020, Research Firm Predicts

Haynesville Refrack Market to Exceed $500M by 2020, Research Firm Predicts

As the “lower for longer” commodity price environment drags on, producers will increasingly return to previously drilled horizontal wells, refracture them and bank the lower-cost returns, according to a new study of well refracturing in the Haynesville Shale.

October 2, 2015
Rig Decline Slows Pace, But Analyst Sees Further to Go

Rig Decline Slows Pace, But Analyst Sees Further to Go

The decline in the U.S. rig count decelerated again to a drop of just four rigs in the count released by Baker Hughes Inc. on Friday (Sept. 25).

September 25, 2015

Memorial Grows North Louisiana Acreage

Memorial Resource Development Corp. (MRD) in separate deals is acquiring or leasing acreage adjacent to its North Louisiana operating areas in the Cotton Valley Sands formation’s Terryville Complex.

September 22, 2015

Fracked Oil, NatGas Wells Less Water Intensive Than Other Energy Extraction, Say Duke Researchers

Energy companies drilling in 10 onshore basins across the country used nearly 250 billion gallons of water over a 10-year period to extract unconventional natural gas and oil, a large number but still less than 1% of the total amount of industrial water used nationwide, a Duke University study has found.

September 16, 2015
U.S. Onshore Output Falling Except in Permian, Says EIA

U.S. Onshore Output Falling Except in Permian, Says EIA

Across the Lower 48, the seven major oil and natural gas basins have seen a clear decline overall in production, but new-well output per rig — natural gas and oil — is strengthening, the Energy Information Administration said Monday.

September 15, 2015
Declining North America Rig Count at 44% of Year Ago

Declining North America Rig Count at 44% of Year Ago

The U.S. and Canadian rig counts continued their slide in the latest Baker Hughes Inc. census amid the mantra of “lower for longer” oil prices now widely spouted by industry executives and analysts.

September 11, 2015
Chesapeake Strikes Sweeter Haynesville, Utica Gathering Deals With Williams

Chesapeake Strikes Sweeter Haynesville, Utica Gathering Deals With Williams

Chesapeake Energy Corp. (CHK) has struck a deal with units of Williams Partners LP that gives it a break on natural gas gathering fees in the Haynesville and Utica shales while it agrees to increase production/volume commitments to Williams’ pipes.

September 8, 2015