Haynesville Shale’s Got the Gas but Pipeline Disputes Stall Egress
Gas producers such as Chevron Corp. and Expand Energy have seen a host of problems—predominantly due to legal challenges lead by Energy Transfer.
Judgment Call: Ranking the Haynesville Shale’s Top E&P Producers
Companies such as Comstock Resources and Expand Energy topped rankings, based on the greatest productivity per lateral foot and other metrics— and depending on who did the scoring.
Operators Look to the Haynesville on Forecasts for Another 30 Bcf/d in NatGas Demand
Futures are up, but extra Haynesville Bcfs are being kept in the ground for now, while operators wait to see the Henry Hub prices. A more than $3.50 strip is required, and as much as $5 is preferred.
MPLX Acquires Remaining Interest in BANGL for $715MM
MPLX LP has agreed to acquire the remaining 55% interest in BANGL LLC for $715 million from WhiteWater and Diamondback.
Matador Touts Cotton Valley ‘Gas Bank’ Reserves as Prices Increase
Matador Resources focuses most of its efforts on the Permian’s Delaware Basin today. But the company still has vast untapped natural gas resources in Louisiana’s prolific Cotton Valley play, where it could look to drill as commodity prices increase.
SM’s First 18 Uinta Wells Outproducing Industry-Wide Midland, South Texas Results
Shallow tests came on with 685 boe/d, 95% oil, while deeper new wells averaged 1,366 boe/d, 92% oil, from two-mile laterals, SM Energy reported.
Comstock Doubling Rigs as Western Haynesville Mega-Wells’ Cost Falls to $27MM
Operator Comstock Resources is ramping to four rigs in its half-million-net-acre, deep-gas play north of Houston where its wells IP as much as 40 MMcf/d. The oldest one has produced 18.4 Bcf in its first 33 months.
Devon, BPX to End Legacy Eagle Ford JV After 15 Years
The move to dissolve the Devon-BPX joint venture ends a 15-year drilling partnership originally structured by Petrohawk and GeoSouthern, early trailblazers in the Eagle Ford Shale.
Expand CFO: ‘Durable’ LNG, Not AI, to Drive US NatGas Demand
About three-quarters of future U.S. gas demand growth will be fueled by LNG exports, while data centers’ needs will be more muted, according to Expand Energy CFO Mohit Singh.
DUCs Fly the Coop: Big Drawdowns from the Midland to Haynesville
The Midland Basin depleted its inventory of excess DUCs the most last year, falling from two months of runway to one during the past year, according to a report by Enverus Intelligence Research.