Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
Pearl Backs Haynesville Mineral and Royalties Firm Wild Basin
Equity commitments from Pearl Energy Investments and others have put $75 million of backing behind Haynesville Shale minerals and royalties company Wild Basin Energy.
Streaming On-Demand: Expand Shifts to Just-in-Time NatGas TILs
Expand Energy’s just-in-time TIL model—turning new wells inline into sales—could shorten receipt of returns by up to two years.
Amplify Updates $142MM Juniper Deal, Divests in East Texas Haynesville
Amplify Energy Corp. is moving forward on a deal to buy Juniper Capital portfolio companies North Peak Oil & Gas Holdings LLC and Century Oil and Gas Holdings LLC in the Denver-Julesburg and Powder River basins for $275.7 million, including debt.
Lone Star State of Mind: Rockcliff Energy III Sets Sights on Texas Shale Assets
Rockcliff Energy III Executive Chairman Alan Smith and CEO Sheldon Burleson have their Quantum Capital-backed company’s Texas-sized ambition focused on the western Haynesville and the Eagle Ford.
Gas-Fired Power Plants Create More Demand for Haynesville Shale
Expansions and conversions of Gulf Coast power plants are taking advantage of the plentiful Haynesville Shale gas.
EIA Reports NatGas Rig Count Fall-Off in ’23, ’24
The U.S. Energy Information Administration’s report of a falling natural gas rig count backs up statements from producers in the Appalachian and Haynesville basins.
Haynesville Shale’s Got the Gas but Pipeline Disputes Stall Egress
Gas producers such as Chevron Corp. and Expand Energy have seen a host of problems—predominantly due to legal challenges lead by Energy Transfer.
Judgment Call: Ranking the Haynesville Shale’s Top E&P Producers
Companies such as Comstock Resources and Expand Energy topped rankings, based on the greatest productivity per lateral foot and other metrics— and depending on who did the scoring.
Operators Look to the Haynesville on Forecasts for Another 30 Bcf/d in NatGas Demand
Futures are up, but extra Haynesville Bcfs are being kept in the ground for now, while operators wait to see the Henry Hub prices. A more than $3.50 strip is required, and as much as $5 is preferred.