Haynesville
Tellurian to Cut Haynesville Production by 18%
Tellurian Inc. will halt drilling in the Haynesville owing to lower gas prices and has dialed back its production forecast by an average 18% compared to an earlier forecast just three months ago.
US Oil and Gas Rig Count Falls to Lowest Since June 2022: Baker Hughes
The oil and gas rig count fell to 731, the biggest decline since June 2020.
Poten Execs Talk Driftwood’s Customer Problem, Permian Gas for Asia
The proposed 27.6 mtpa Driftwood LNG LLC project has one fundamental problem: a lack of customers, according to Poten & Partners senior adviser Gordon Shearer, who also highlighted the potential for Permian gas to reach Asia via Mexico.
Newest Giant North Houston Bossier Wildcat Won’t Sputter Out
Driller Comstock Resources Inc. says it plans to keep it strong-choked to remain at its first-24-hour rate of 36 MMcf/d.
EIA: Permian Basin to Hit Record Oil, Gas Production in May
Crude and associated gas volumes coming from the Permian, the Lower 48’s premier shale play, are expected to hit new records in May, the U.S. Energy Information Administration reported.
Energy A&D Transactions from the Week of April 19, 2023
Here’s a snapshot of recent energy deals, including Matador Resources' $1.6 billion acquisition of Midland Basin E&P Advance Energy Partners and Kimbell Royalty Partners deal to bolt-on more Northern Midland Basin acreage.
A&D Minute: Will Exxon, Pioneer Deal Top $70B? [WATCH]
Also in this week's A&D Minute, Tailwater E&P CEO Doug Prieto weighs in on Tailwater Capital's minerals and royalties strategy in key shale basins.
Tailwater Acquires Permian, Eagle Ford, Haynesville Royalties, Eyes More M&A
Doug Prieto, CEO of Tailwater E&P, told Hart Energy the firm was comfortable with the breakeven costs and well control within the Permian, Eagle Ford and Haynesville.
Sub-$2 Gas on Horizon As Supply Growth Swamps Natural Gas
More LNG demand in the future means a boost in production from the ArkLaTex will be necessary—presenting significant opportunities for upstream investment and infrastructure growth across the U.S.
Southwestern Energy Plans Oil, NGL Growth as Gas Prices Slump
With U.S. natural gas prices down more than 50% from last year, Southwestern Energy is pivoting capital to its liquids-rich footprint in Appalachia.