Active Operators >>, See FULL list of Unleased acreage can be below $500 an acre to $3,000 an acre depending on location. Matt Phillips BP calls the Haynesville Shale the most revenue generative gas play in the U.S., Haynesville Shale Locator Map Uses: Map available for license, Private Placement Memorandum Oil & Gas Websites Landowners selling mineral rights Companies buying mineral rights Selling oil & gas royalties Buying oil & gas royalties Selling overriding royalty interests Buying overriding royalty interests Mineral buyers Selling leases Buying leases Lease property in North Louisiana Lease property in East Texas Track drilling and production activity Sale of Mineral Rights Private Placement Memorandums, We have STOCK OILFIELD ANIMATIONS for: Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs in the second half of 2021, and production has remained relatively strong in early 2022. Natural gas production in the Haynesville declined steadily from mid-2012 until 2016, due to its relatively higher cost to produce natural gas compared with other producing areas, according to the EIA report. 2023 Hart Energy. To get full access now. That figure suggests excess takeaway capacity out of the Haynesville is at or below 900,000 Mcf/d, or about 7% of total capacity. These statements involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. The Haynesville royalties are in the core of the basin, WhiteHawk said, adding that its position will cover 375,000 gross unit acres in northwestern Louisiana. Covey Park Gas LLC Cubic Energy Denbury Resources Devon Energy El Paso Corp. EnCana Corp. Encore Acquisition Meanwhile, for self-described contrarianKimbell Royalty PartnersLP, its I told you so time, as a once-derided $445-million investment harvests the dividends of a projected 50% increase in gas prices over the next year. Despite the pandemic, US power generation from natural gas increased 9% in January to June 2020 over the same period for 2019. Subscribe to get unmatched coverage of the oil and gas industrys entire landscape. We hope you enjoyed your trial to the website. Sandwiched between the also unconventional Cotton Valley, Bossier and Smackover formations, the Haynesville Shale is one of the most notable plays along the U.S. Gulf Coast. Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. That makes directional drilling and hydraulic fracturing popular avenues for tapping into its gas reserves. Last reply by Skip Peel - Mineral Consultant 9 hours ago. It is one of the most revenue-generating shale plays in the U.S. Located in northwestern Louisiana and sprawling into eastern Texas, the Haynesville Shale play was thrust into the spotlight in March 2008. Camterra Resources Chesapeake Energy Cobra Oil & Gas Corporation Cohort Energy Comstock Resources We have Oil & Gas STOCK Photographs is operating three rigs and one companion frac spread, but is still formulating the 2021 program, which will be presented to stakeholders in February, says Investor Relations Director David Erdman. Apr 13, 2022 Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs in the second half of 2021, and production has. ", (source: U.S. Energy Information Administration), (Source: EIA, based on data from CME Group as compiled by Bloomberg, L.P., and Baker Hughes Company). Upon closing of the transactions, Chesapeake plans to operate two rigs on the acquired properties during 2022, resulting in a total of 9 - 11 gas-focused rigs and 2 - 3 oil-focused rigs. (6) Management estimate for 2023 based on a capital budget of ~$330 million that has not been approved by the Tellurian board of directors. Haynesville is the third-largest shale gas-producing play in the United States. EAST TEXAS & WESTERN LOUISIANA HAYNESVILLE BOSSIER PLAY, The U.S. Could See Record Natural Gas Production In 2022. EVP Public and Government Affairs By comparison, wells in the Marcellus in the Appalachian Basin are shallowerbetween 4,000 feet and 8,500 feet," Fleury wrote. More than 2,500 Subscribers rely on our data each day. The Upper Jurassic (Kimmeridgian to Lower Tithonian) Haynesville and Bossier Shales of East Texas and northwest Louisiana are currently one of the most important shale-gas plays in North America, having high IPs, steep decline. Prices for top E&P stocks and commodities. February 21, 2023 Haynesville Shale Lower Natural Gas Prices Lead Comstock to Cut Rigs in Haynesville As natural gas prices swing lower from 2022 highs, Haynesville Shale-focused Comstock. Williams Cos. (NYSE: WMB) sees the Haynesville Shale as a major source of growth from a gathering perspective and as a corridor to transport certified gas to LNG exporters seeking lower. Started by Skip Peel - Mineral Consultant in Shale Related Topics. 2021 Tellurian Inc. All Rights Reserved. Naturally high-pressured reservoir raises gas to the surface,reducing initial artificial lift and associated costs. After reaching record-high production in 2021, the Haynesville Shale seemed to have a quiet 2022, with a smattering of deal activity and attention seemingly focused more on LNG exports than production. The images presented hereon are the subject of federal copyright registration. Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. He added that a new well in Robertson County in the western region that contributed to the companys success and that the company also drilled a second well. Rextag database of energy infrastructure assets. Following a late third-quarter ramp-up in completions on its comparably modest 24,000-net-acre leasehold, Goodrich expects production to exceed 150,000 Mcfed, entering the fourth quarter, compared to 125,000 Mcfed in the third quarter. Before we started this site, googling "shale' brought uplittle information. All rights reserved. 2023-02-10 - Data on treated produced water can help the industry find more uses for the water that comes out of the reservoir during production. This process reduces the volume of the liquid to 600 times smaller than the gaseous form making it possible to move natural gas where no pipelines exist and to use it as a fuel for transportation. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. The Appalachian Basin's Marcellus play remains the highest-producing shale gas play in the United States, producing an average 31.7 Bcf/d of natural gas during 2021. Favorable geologic composition for Hydraulic fracturing,recompletions and refracs of existing horizontal wells. Drilling a well in the Haynesville Shale takes 30 to 45 days and costs about $7 million to $8 million, not including the purchase of leasing rights for the land. The assets span approximately 5,000 net acres in the core of the Haynesville Shale in Louisiana's DeSoto, Bossier, Caddo and Webster parishes, boosting Tellurian's Haynesville Shale footprint to . The company reported 334,716 boe/d in first half 2022 production from the Haynesville, comparable to the total 887,668 boe/d produced by the company across all its assets, according to Enverus data. 2023-01-09 - Rmerberg 6 is predicted to increase Neptunes production in Germanys Rhine Valley to approximately 3,700 boe/d. These assets provide Tellurian with both cash flow and a physical hedge for Driftwood LNG. Started by DCT in Shale Related Topics yesterday. Like the short (4,600-ft) laterals, our more recent operated 7,500-ft wells are outperforming materially to a composite estimate of approximately 2.8 Bcf/1,000 ft, due to higher proppant concentration and tighter cluster and frac interval spacing, President Rob Turnham said on Nov.8. Started by J B Nabors in Shale Related Topics. Following the fallout in commodity prices last March, the Haynesville is now the only major US shale basin to have fully recovered its drilling fleet. More recently, Energy Transfer said it has started construction of the 1.65 Bcf/d Gulf Run pipeline to move gas from the Louisiana Haynesville to the Gulf Coast. FRISCO, TX - (NewMediaWire) - February 21, 2023 - Verde Bio Holdings, Inc. (OTCQB: VBHI), a growing oil and gas Company, today announced that it has entered into an agreement to acquire revenue producing mineral and royalty interests in the prolific Haynesville Shale of Northern Louisiana, held by a private seller for a purchase price of . In addition to its overall size, the Haynesville is known for its high porosities. The company produced a total of 314,483 boe/d, 28 bbl/d of oil and 1.88Bcf/d of gas in the Haynesville in the first half of 2022. US tight oil production was flat m-o-m in June, at 7.3 million b/d (after upcoming revisions). Despite a seemingly quiet year, the Haynesville saw a 54% increase in rig activity, reaching 72 in mid-December. Not receiving royalties. Acreage leased but not in production can be anywhere from $500 to $5,000 an acre based on activity in your area and production nearby. 36 bbl/d of its 347 bbl/d total oil production in the half came from the East Texas basin, as did 1.24 Bcf/d of its 1. The purchase price is $125 million, subject to customary closing adjustments, and a contingent payment of $7.5 million which is based on the price of natural gas and may be payable in March 2023 under certain conditions. HOUSTON (P&GJ) Natural gas production from the Haynesville shale reached record highs in late 2021 and remained relatively strong in early 2022 on expanded pipeline takeaway capacity and higher demand, a new U.S. Energy Information Administration (EIA) report revealed Wednesday. Stats Haynesville is the third-largest. The words anticipate, assume, believe, budget, estimate, expect, forecast, initial, intend, may, plan, potential, project, proposed, should, will, would, and similar expressions are intended to identify forward-looking statements. Natural Gas Corporate Earnings Call list - 4Q2022, 2023 North American Pipeline, LNG & Market Hubs Map, Tellurian Could Lose Gunvor SPA as Focus Shifts to Finding Equity Partners for Driftwood LNG, Comstock Prepping for Increased LNG Supply Demand with Freeports Return, Lower Natural Gas Prices Lead Comstock to Cut Rigs in Haynesville, EIA Sees Continued Onshore Natural Gas Production Growth in March, Paced by Haynesville, Lower 48 Plays to Add 400 MMcf/d of Production from February to March, EIA Says, Oilfield Services Jobs Top 650,000, Reach Pandemic-Era High, Kinder Morgans Haynesville Natural Gas Gathering Volumes Jump 44%, North American E&P Spend to Increase 14% in 2023; Maintain in Appalachia, Grow in Haynesville, Lower 48 Natural Gas, Oil Permitting Rebounds in December, Led by Texas and Wyoming, Haynesville Still Leading Natural Gas Production Gains in Latest EIA Projections. In its latest Drilling Productivity Report (DPR), published Monday, the agency modeled, Employment in the U.S. oilfield services and equipment sector (OFS) advanced in January along with an overall surge in jobs to start the new year. Richardson, TX 75081. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Sign in to get the best natural gas news and data. The EnSight asset is a great fit with Tellurian's existing position in the Haynesville Shale and allows us to step into an ongoing development program and bring on-line significant additional natural gas volumes in the fourth quarter of 2022." (1) Management estimate of EnSight June 2022 average sales volumes of target assets. As of December 31, 2022, our upstream natural gas assets consist of 27,689 net acres and interests in 143 producing wells located in the Haynesville Shale trend of northern Louisiana. Our Business . 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