Haynesville Shale

MarkWest Energy Partners LP said it processed a record 5.4 Bcf/d of natural gas and became the nation’s second-largest processor in 1Q2015. The company also announced plans to expand its Carthage Processing Facility in Panola County, TX, to support wet gas production in the Haynesville Shale.

MarkWest Energy Partners LP said it processed a record 5.4 Bcf/d of natural gas and became the nation's second-largest processor in 1Q2015. The company also announced plans to expand its Carthage Processing Facility in Panola County, TX, to support wet gas production in the Haynesville Shale.

Chesapeake Energy Corp. is ramping down activity across its onshore footprint, dropping most of its rigs by the middle of summer as it waits out the industry doldrums. The Marcellus Shale still suffers from takeaway issues, and the company has doubled its shut-ins in the play to 500 MMcf/d gross.

Chesapeake Energy Corp. is ramping down activity across its onshore footprint, dropping most of its rigs by the middle of summer as it waits out the industry doldrums. The Marcellus Shale still suffers from takeaway issues, and the company has doubled its shut-ins in the play to 500 MMcf/d gross.

The count of active rigs drilling for either oil or natural gas in the Lone Star State busted below the 400 barrier in the latest Baker Hughes Inc. rig count as the rout continued in the nation’s oil patch. The U.S. crude-directed rig count fell 31 to 703 in the latest count.

The count of active rigs drilling for either oil or natural gas in the Lone Star State busted below the 400 barrier in the latest Baker Hughes Inc. rig count as the rout continued in the nation's oil patch. The U.S. crude-directed rig count fell 31 to 703 in the latest count.

Oil and natural gas production from the nation’s seven most prolific shale and tight oil plays, which has been on the march for months, is expected to decline in May, according to the Energy Information Administration (EIA).

Anchored by the Appalachian Basin, the Atlantic area’s technically recoverable natural gas resource base has risen an estimated 24% since 2012, more than any other area offshore and onshore in the United States, the Potential Gas Committee (PGC) said in the new biennial report.

The Haynesville Shale may be competing with Marcellus/Utica shale gas in the not-too-distant future, lifted by its solid reserves, infrastructure and its proximity to liquefied natural gas (LNG) export facilities, according to research by NGI’s Shale Daily.