Energent’s data included wells, completions, well costs, oilfield chemicals, production volumes and horizontal wells. Study triangulated refrack wells across Haynesville to uncover operators and service companies involved in refrack programs.
The activity increase in the Cotton Valley play, where higher bottomhole pressures are encouraging use of crosslink gels, has offset declines in the Barnett and Fayetteville shales.
Demand for drilling services remains flat and at extremely low levels in dry gas basins, including the Haynesville, Barnett and Fayetteville. Horizontal work in the Fayetteville fell to zero briefly in August.
Crestwood owns and operates midstream assets serving producers across the Marcellus, Bakken, Eagle Ford, Permian Basin, Powder River Basin Niobrara, Utica, Barnett, Fayetteville and Haynesville shale plays.
A portion of the gas exported from the U.S. will be pipelined to Mexico, but most of it will be liquefied and then loaded onto tanker ships destined for overseas markets in Europe and Asia.
C. John Wilder is executive chairman of Bluescape Resources LLC. EXCO closed under the services and investment agreement with Energy Strategic Advisory Services LLC, subsidiary of Bluescape Resources Co. LLC.
Chesapeake expects to save up to $175 million in operating expenses in the Haynesville and Utica shales while Williams plans investments of $600 million over five years for 200 miles of pipeline.
A jump in prices would only help EOG, one of the largest U.S. shale oil producers, as it weathers a more-than 50% drop in oil since last summer, Reuters said.
Of the major shale plays, the Utica is expected to show gas production increases in June, July and August, the EIA said. Though by September, production in the play will also start to slip.
Cause of pipeline fire near Marsh Island, La., will not be disclosed until an investigation is completed, Boardwalk said. The 10-inch pipeline belongs to Gulf South Pipeline Co., Reuters said.