Haynesville Shale

North American shale natural gas production will grow to 64 Bcf/d by 2022, led by the Marcellus Shale, which will be responsible for 17 Bcf/d of that total, and maybe more, according to a new analysis by Ziff Energy.

Chesapeake Energy Corp.'s decision to increase its natural gas drilling in the Haynesville Shale this year may have startled some investors, but the gaggle of government approvals for proposed natural gas export facilities on the Gulf Coast may be playing right into the Oklahoma City operator's wheelhouse.

Production from five of the top six major tight/shale oil and natural gas regions in the United States are projected to increase over the next year, reaching totals comparable to nations on the world stage, according to data from the U.S. Energy Information Administration (EIA).

With one-third of its global energy reserves in the U.S. onshore, BP plc is preparing to do battle with shale-focused independents by separating its domestic operations, management said Tuesday.

Crude oil and natural gas production in Texas both showed gains in December from year-ago levels, and 2013 production of oil was up significantly while natural gas production declined from 2012 levels, according to preliminary data from the Railroad Commission of Texas (RRC).

The Eagle Ford Shale now rivals the nearby Haynesville Shale in natural gas output and could be decisive in shaping U.S. gas production trends into the future, according to Barclays Capital.

The days of freely spending money at Chesapeake Energy Corp. are through as capital discipline takes over from wheeling and dealing, CEO Doug Lawler said Thursday.

EP Energy LLC, a privately held explorer formed from spun-off assets of the former El Paso Corp., launched Friday on the New York Stock Exchange.

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).