Stratigraphy of Bossier Formation: Two approaches. (Left) Columnar section showing intertonguing interpretation of upper Bossier contact (after Montgomery and Karlewicz, 2001). (Right) Sequence stratigraphic model for Bossier Formation (from Williams and Mitchum, 1997). From Sequence and Seismic Stratigraphy of the Bossier Play (Tithonian), Western East Texas Basin ByGeorge D. Klein and Kenneth R. Chaivre - Search and Discovery Article #10045 (2003)
St. Mary has one rig drilling on its Texas Haynesville assets and 3-D data for the company’s acreage in Shelby and San Augustine counties is being evaluated. St. Mary has 41,000 net acres that it believes are prospective for the Haynesville shale, of which 31,000 net acres are in Shelby and San Augustine counties. Much of the acreage in these counties is also believed to be prospective for the Bossier shale, according to St. Mary.
EOG Resources reports its 2009 operations in the North Dakota Bakken, Texas Barnett and Louisiana Bossier plays.
Callon Petroleum reports a strategy shift to diversify its asset base to onshore in order to increase visible growth potential, including establishing a presence in the North Louisiana Haynesville play.
While weak natural gas prices have tempered activity, the economics of this deep, tight-gas play are holding up.
Haynesville JV partners seek to divest leasehold in Harrison & Panola counties, TX, and Bossier Parish, LA, before terms expire on 86% of total offering.
Chesapeake Energy chairman and CEO Aubrey McClendon once again has to defend the company’s decisions to sell interest in portions of their acreage.
In a close vote Friday, the U.S. House passed a landmark energy security and climate-change bill, a cornerstone of the Obama presidency.