Chesapeake Updates Its 2012 Operating Plan in Response to Low Natural Gas Prices
Chesapeake Energy Corporation provided an update on additional steps it is taking to continue creating shareholder value in response to the lowest natural gas prices in the past 10 years.
Another Inflection Point For The Onshore Drilling Market
Nearly two years after operators prophesied a transition to liquids rich portfolios, the oil-directed horizontal rig count topped the gas-directed horizontal rig count during the week ending Jan. 6, 2012.
Haynesville, Barnett Shale Rig Counts Fall To Multi-Year Lows
Low natural gas prices may force some operators to cut drilling levels in unconventional dry gas plays, but others find they can sustain production volume growth through improved efficiencies.
The Haynesville Can Compete
Today, the mighty Haynesville shale is the largest producing gas play in North America. It makes some 6.5 billion cubic feet per day, a remarkable rise from zero production in 2007.
GMX Resources To Shed Haynesville/Bossier Properties
GMX Resources is selling a limited term ORRI in certain of its oil and gas properties in the Haynesville/Bossier play in East Texas to a subsidiary of French power conglomerate EDF.
Heckmann Corp.'s Haynesville Water Pipeline Put On-Line
The initial orders for water from the fresh water pipeline are projected to result in the delivery of approximately 16,000 barrels per day beginning in mid-December of 2011.
GMX To Sell 14.8 Bcf In VPP Deal With French Power Conglomerate
The VPP concerns assets in Harrison County and will be for approximately 14.8 billion cubic feet to be produced over the next 94 months.
EXCO Resources, Inc. Announces 2012 Capital Budget
USI To Acquire Haynesville/Bossier Gas Gathering System
The newly constructed 28-mile pipeline is strategically located along the Texas-Louisiana border in the northwest corner of Sabine Parish, La., a core development area of the Bossier-Haynesville Shale trend.