John Jacobi, non-executive director at Haynesville shale producer Comstock Resources Inc., spoke with Hart Energy’s Jessica Morales about his outlook for natural gas opportunities and the LNG market.
A self-described “proponent of natural gas,” Jacobi previously served as co-CEO of Covey Park Energy, a Dallas-based private independent focused on the Haynesville and Bossier shale gas plays. He later joined the board of directors at Comstock Resources following its acquisition of Covey Park in 2019.
Jacobi said the country obviously has “too much gas being produced at this time” but he’s still leery of projecting a great winter as it relates to natural gas demand later this year.
“I am bullish on natural gas. I think it will be higher than it is today ... but personally I don’t think we are going to see this massive recovery that others think we will,” he said. “I look at it longer term as a commodity of choice.”
Jump to a topic:
- Winter demand forecast (1:48)
- Haynesville opportunities (4:20)
- LNG market outlook (6:38)
- Covey Park strategy (10:34)
- Tough decisions ahead (14:40)
Recommended Reading
BlackRock CEO: US Headed for More Inflation in Short Term
2025-03-11 - AI is likely to cause a period of deflation, Larry Fink, founder and CEO of the investment giant BlackRock, said at CERAWeek.
Baker Hughes to Supply Equipment for NextDecade’s Rio Grande LNG
2025-03-11 - Baker Hughes will provide turbine and compression for NextDecade’s trains at Rio Grande LNG.
Pearl Backs Haynesville Mineral and Royalties Firm Wild Basin
2025-03-10 - Equity commitments from Pearl Energy Investments and others have put $75 million of backing behind Haynesville Shale minerals and royalties company Wild Basin Energy.
Expand Energy Picked to Join S&P 500
2025-03-10 - Gas pureplay Expand Energy will be elevated on March 24 from its position in the S&P MidCap 400 index.
Utica Oil Player Ascent Resources ‘Considering’ an IPO
2025-03-07 - The 12-year-old privately held E&P Ascent Resources produced 2.2 Bcfe/d in the fourth quarter, including 14% liquids from the liquids-rich eastern Ohio Utica.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.