Buying Anadarko’s East Texas portfolio for more than $1 billion in late 2016, Castleton Resources CEO Craig Jarchow said the company is using cash flow from best practices in the Cotton Valley to fund new exploration of the Haynesville potential in its leasehold.
The Gulf Coast LNG-export developer Tellurian Inc. is enhancing its integrated business model with gas-resource ownership, picking up 9,200 net Haynesville and Bossier acres in northwestern Louisiana. Here John Howie, senior vice president of upstream at Tellurian, discusses the company's plans for this asset as well as its overall natgas plans and view of the marketplace.
Lots of properties have been changing hands in this region. These experts from Rockcliff Energy, Tellurian and Citigroup talk about the deals done to date, the values buyers and sellers are placing on Haynesville, Bossier and Cotton Valley acreage, and the potential for more action in months to come.
A longtime operator in East Texas, PetroQuest Energy has recently added Central Louisiana leasehold prospective for oily Austin Chalk pay. Hear from its CEO Charles Goodson on the company's plans for its portfolio.
Haynesville operators have applied the one-two punch of longer laterals and high-intensity completions to boost EURs. Cotton Valley and Bossier operators are grappling with accessing thick sections of tight sands. This panel of experts from Pine Brook Partners, PetroQuest, Baker Hughes and Halliburton dissects the particulars of what works today and how designs are evolving, including current thinking on stacked and staggered laterals and massive proppant loadings.
Tinkering with completions in the Haynesville Shale has led operators to better wells and expanded the economic sweet spots.
A subsidiary of Houston-based Tellurian is offering the non-binding open season to secure prospective shippers for the proposed Haynesville Global Access Pipeline with an estimated capacity to transport up to 2 Bcf/d of natural gas.
WildHorse Resource Development sold about 90,000 net acres in North Louisiana for $217 million, with net proceeds to prop up drilling in the Eagle Ford Shale where the company also bought acreage.
The job cuts affected most functions and were mainly limited to Chesapeake’s headquarters in Oklahoma City, according to an email sent by CEO Doug Lawler to employees.
Exco is marketing its positions from the Haynesville and Eagle Ford shales to Appalachia to help repay about $1.3 billion in debt.