Consolidation continues in the heated Haynesville and Bossier. Early buyers already have great results to report. Here’s how one operator has built its portfolio and hear transactioneers’ outlook for more needle-moving deals.
There is a significant amount of gas on the Texas side and it’s thicker than the Louisiana core, according to Rockcliff Energy’s CEO Alan Smith at DUG Haynesville.
Taking in an expansive East Texas portfolio in 2016, Castleton Resources subsequently brought in Tokyo Gas America Ltd. as its partner in proving more Bcfs in the massive Cotton Valley and Bossier/Haynesville.
Shippers have driven transportation costs down, making producers’ Haynesville wells work at a sub-$2.50 strip.
Improvements in completion methodology are providing superior returns for this operator, among those that have figured out how to make the Haynesville work at sub-$2.50 futures.
BP Plc has acquired BHP Billiton Ltd.’s U.S. onshore holdings in the Haynesville, Eagle Ford and Permian for more than $10 billion.
With enormous new-well results, this producer is pushing the EURs to new highs. Learn how it’s turning prime acreage, lateral length, sand and water into ever-greater IRRs.
Here’s a look at Haynesville and overall U.S. natgas’ new role in world markets.
Here’s a quicklist of oil and gas assets on the market including a Permian Basin mineral portfolio across the Midland and Delaware basins plus Oklahoma assets from Vanguard Natural Resources across multiple counties.
Here’s a quicklist of oil and gas assets on the market including Anadarko Basin properties from Marathon Oil and Warren American Oil’s multi-state position.