2022-12-23 - Heres a roundup of the latest E&P headlines including a new field onstream and new contract awards from the past week in the upstream oil and gas industry. Rextag database of energy infrastructure assets. Comstock now holds a 309,000-net-acre position in the northern Louisiana fairway. GMX Resources Goodrich Petroleum Indigo Minerals JW Operating Memorial Resource Dev. It has gained momentum mostly due to the growing demand for natural gas to feed expanding LNG liquefaction and export facilities along the Louisiana and Texas Gulf coasts. (6) Management estimate for 2023 based on a capital budget of ~$330 million that has not been approved by the Tellurian board of directors. The LEAP, Index 99, and the CJ Express pipelines have since alleviated these potential strains, with utilization rates currently back near 70%. The Man Who Sold to Chesapeake. Our seasoned technical animator team specialize in process, mechanical and industrial animations as seen in our animation demo reel. The Haynesville shale basin covers parts of Texas, Arkansas and Louisiana. East Daley recently predicted sub-$2 natural gas prices as a result of oversupply in 2023. December 14, 2022 Liquefied Natural Gas , Shale Plays , Midstream Williams Signs LNG Deal Connecting Haynesville Gas to International Markets The Houston company behind the massive project has agreed to. Total 2022 production from a 501,000-net-acre position in the southwestern core of the Marcellus-Utica is expected to range from 3.2 Bcfed to 3.3 Bcfed. Alternative energy deals make their mark as sector dominates 2022 M&A . Weve also drilled our second well in this region, which is near the Circle M called the KC Block [ph], which was successfully drilled and completed that is expected to be turned to sales this month, Allison said. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. 1.800.427.5747 EnSight asset highlights: Current net production of ~45 million cubic feet of natural gas per day (MMcf/d) (100% natural gas) (1) Approximately 5,000 net acres in the core of the Haynesville Shale in DeSoto, Bossier, Caddo, and Webster Parishes, Louisiana Oil Rig Drawing Well Logging Blowout Preventor Salt Water Disposal, Drilling Geology Illustration available for license. Last reply by Skip Peel - Mineral Consultant on Sunday. It remains poised to see a production growth of 5 Bcfd or . The Barnett remains No. Lower 48 permits often are issued three to six months, Bolstered by another strong month of growth from the Haynesville Shale, domestic natural gas production from seven key onshore plays should grow to over 96.6 Bcf/d from January to February, updated modeling from the Energy Information Administration (EIA) shows. In the fourth quarter, operators in the Texas-Louisiana shale play added 10 rigs, bringing the total fleet to 46 as of Dec. 30, according to data published by Enverus. USGS 2016 estimates undiscovered, technically recoverable mean resources of 1.1 Billion Barrels of Oil & 195.8 Trillion Cubic Feet of Gas in the Upper Jurassic Haynesville Formation. Although it produced 89,862 bbl/d of oil in the first half of the year, none of Chesapeakes oil production came from the Haynesville, according to the data. If youre facing a lawsuit, the outcome is critical, Oil and Gas Litigation to Include Personal Injury/Product Failure/Drilling, Business in the Permian Basin: Visual Resources, Appalachian Basin to Include Marcellus Shale and Utica Shale. Last reply by Skip Peel - Mineral Consultant Feb 13. Sign in to get the best natural gas news and data. 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 region is forecast to account for about 21% of the countrys gas production in 2035, compared to 13% in 2020. These risks include the matters discussed in Item 1A of Part I of the Annual Report on Form 10-K of Tellurian for the fiscal year ended December 31, 2021 filed by Tellurian with the Securities and Exchange Commission (the SEC) on February 23, 2022, and other Tellurian filings with the SEC, all of which are incorporated by reference herein. Capex Plans Jump After 2Q: Nearly 30 E&P Companies Raise 2022 Budgets, Riverbend Finalizes $1.8B Sale of Portfolio Companies, Southwestern Energy Co. Second Quarter 2022 Results, See FULL list of After reaching record-high production in 2021, the Haynesville Shale seemed to have a quiet2022, with a smattering of deal activity and attention seemingly focused more on LNG exports than production. Located in northwestern Louisiana and sprawling into eastern Texas, the Haynesville Shale play was thrust into the spotlight in March 2008. For Haynesville producers, current prices offer a generous margin to sustain future growth. Started by Ellen Eakin in Shale Related Topics. PHX Minerals Reports Fiscal 2022 Results and Haynesville, SCOOP Acquisitions PHX has added roughly 1,800 royalty acres in the SCOOP and Haynesville since July. Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Chesapeake Energy Corp. is palliating its exploration and production operations in the Marcellus and Haynesville shale plays while also aiming to make an exit from the Eagle Ford Shale in 2023 due to natural gas prices that have fallen below USD 2.00/MMBtu at a number of pricing centres across the United States. Started by Skip Peel - Mineral Consultant in Shale Related Topics on Saturday. 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. The oil-dominant Permian Basin, a major source of associated gas, averaged 12.4 Bcf/d for all of 2021, making it the second-highest producing play. For the year, the company plans to turn 52 wells in line, followed by 10 new producers in the first quarter of 2021, says Sr. VP of Finance and Investor Relations Emily Newport. These 3D oil and gas graphics are from many projects we have created up to this point. The Haynesville shale of northeastern Texas and northwestern Louisiana is the third-largest shale gas-producing play in the United States. The Haynesville is set to become the largest source of gas output growth in the US, forecast to add about 10 Bcfd from 2020 to 2035, growing by 86% during that timeframe. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. No problem. Last reply by Hale Yayuh Feb 14. 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: Information on assets, buyers and sellers, deal values, and more. Liquefied natural gas (LNG) is cooled to approximately minus 260 degrees Fahrenheit to achieve a liquid state for ease of shipping and storage. This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Haynesville is the third-largest. We hope you enjoyed your trial to the website. Supporting local gas development, at least six U.S. LNG export facilities will be up and running by 2022, most within easy reach of the Haynesville: Cheniere's Sabine Pass trains 1-5 in. Historical Data View and export this data back to 2007. Look, experience and, Location Available forLicense (Click here to inquire), This STOCK Gulf Coast Natural GasPipeline Map Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. implementation of the first plunger lift system for the Haynesville shale; foamer treatment oversight; corrosion treatment . Listen to the latest episode of our newest podcast, *Download Report Now* High Stakes for Natural Gas & The World Is All-In, N.A. "However, because natural gas prices have increased since mid-2020, producers have an incentive to increase the number of rigs in operation and use those rigs to drill deeper wells.". Matt Phillips Comstock Resources is a leading independent natural gas producer with operations focusedon the development of the Haynesville Shale in North Louisiana and East Texas. Haynesville Shale Overview 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. That makes directional drilling and hydraulic fracturing popular avenues for tapping into its gas reserves. Tellurian Operating, LLC Thunderbird Resources LP Trinity Operating (USG), LLC Vine Oil & Gas, LP XTO Energy, New Sections Coming: Permian Basin, Eagle Ford Shale, Piceance Basin, Denver/DJ Basin, Fort Worth Basin (Barnett Shale), Future: Anadarko/Arkoma Basin, Williston Basin (Bakken Shale), Green River Basin, Uinta Basin (Mancos), Appalachian (Marcellus Utica). A key factor in Haynesvilles ability to sustain an advantage against the Appalachian region will be to maintain the relative ease with which operators can transport gas from wellheads to Gulf coast markets, compared to the bottlenecks and mid-stream project cancellations that producers in the Northeast have to grapple with. Natchitoches Ouachita Red River Sabine Webster, Angelina Cherokee Gregg Harrison Marion Nacogdoches Panola In late October, the run-up in prices peaked as the calendar-year average topped $3.15/MMBtu. Follow the topics you want and receive the daily emails. The effective date of the transaction is August 1, 2022. Southwestern Energy (SWN) guided to running 10-11 rigs between its Haynesville and Marcellus acreage, down 2-3 rigs from 13 total rigs in 2022. Started by Rebecca Lane in Shale Related Topics. All rights reserved. Recent gas pipeline scrapes are running ahead of expectations, reaching record highs of ~99.3 Bcf/d in September, with MTD gas production estimated at 98.7 Bcf/d, which compares to the August average of 97.7 Bcf/d and the September 2021 average of 92.7 Bcf/d, the analysts stated. . Marshall McCrea, Energy Transfer's co-CEO, told analysts earlier this year that the Dallas-based company was still working on its own LNG export project at Lake Charles in Louisiana. The Company had 29 drilled but uncompleted wells at year-end. Our Business . Indigo will operate five to six rigs and no less than one dedicated frac crew next year on the 435,000 net acres under control. Today, the Haynesville Region is the third largest natural gas producer in the United States, behind only the Appalachian and Permian basins. Weve also committed 700 MMcf/d to a new pipeline to be built by momentum from the heart of the Haynesville play down to [Gilles], he continued. 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. Tellurian is based in Houston, Texas, and its common stock is listed on the NYSE American under the symbol TELL. Merced Capitalhas retained Detring Energy Advisors to market for sale itsdiversified non-operated wellbore-only producing assetslocated across six of the most prominent basins across the Lower 48. Encased by the Cotton Valley Group (sandstone) above and the Smackover Formation (limestone) below, true vertical depths range between 10,000 to 14,000 feet. Drilling and finishing a conventional horizontal Haynesville well typically costs between US$7 million and $8 million, largely depending on lateral length, drilling costs, and pressure pumping services. More than 2,500 Subscribers rely on our data each day. In addition to its overall size the Haynesville is known for high its porosities, making directional drilling and hydraulic fracturing popular avenues for tapping into its gas reserves. Operating three rigs and two completion . Posted by Keith Mauck (Site Publisher) on December 4, 2020 at 10:08. Nov 2022 - Feb 2023 4 months. 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 . We like to be contrarian. That figure suggests excess takeaway capacity out of the Haynesville is at or below 900,000 Mcf/d, or about 7% of total capacity. During the year ended December31, 2020, Comstock turned 76 (43.7 net) Haynesville shale wells to sales and currently expects to turn 14 (13.0 net) operated wells to sales in the first quarter of 2021. 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. ShaleTech: Haynesville-Bossier Shales Controlled by Jerry Jones, the flamboyant owner of the National Football League (NFL) Dallas Cowboys, Comstock became a premier Haynesville operator with the $2.2-billion acquisition of pure play firm Covey Park Energy LLC in July 2019. Last reply by Skip Peel - Mineral Consultant 10 hours ago. Stay in touch with our Daily Email Newsletter. Rig activity remained strong through Dec. 16, with the Haynesville running 72 rigs, according to the Baker Hughes rig count. Panola Rockcliff Energy Operating LLC. We have seen a pickup in competition on the gas side that didnt exist, even six to 12 months ago, but that doesnt concern us or impede our ability to successfully execute our M&A strategy, he said. 1723 Analog Dr. Phone +1.832.320.9331 According to the FNGA, over 97 percent of the natural gas used domestically is produced here, in North America. Enverus data showed that of the companys 1.23 MMboe/d produced in the half, 365,766 boe/d came from its Haynesville operations, with 2.19 Bcf/d of the 6.98 Bcf/d total produced coming from the Haynesville as well. The rumor mill kicked into overdrive on Friday when Bloomberg published an article saying Pioneer Natural Resources Co., one the largest independent oil producers in the U.S., is considering (negotiating for) an acquisition of Marcellus driller Range Resources Corp., according to "people familiar with the matter.". Tellurian President and CEO Octvio Simes said, Tellurian continues to focus on two critical pathways - progressing Driftwood LNG and continuing to increase our upstream footprint. In the first 6 months of this year, fewer than 4 thousand horizontal wells came online in all the US shale basins, the lowest number . We were aggressive on gas and everybody hated it, CEO Robert Ravnaas said. Rusk Sabine San Augustine Shelby Smith Upshur Wood, In 2017 the USGS announced it had produced an updated calculation that shattered any other prior estimates of recoverable gas in the Haynesville. Ellie Grace/1HA . Richardson Lagrone HV Unit D/4H Carthage (Haynesville Shale) 10983 22181 32/64 3.5 miles south of DeBerry. 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. Haynesville production accounted for about 13% of all U.S. dry natural gas production in February 2022, she said. Management estimate for 2023 based on a capital budget of ~30 million that has not been approved by the Tellurian board of directors. Editors note: This is one in an occasional series of articles examining the state of major U.S. shale plays at the end of 2022. Next month, the. 2023 Hart Energy. This site was born out of these desires. 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. Unauthorized distribution, transmission or republication strictly prohibited. PHXhas added roughly 1,800 royalty acres in the SCOOP and Haynesville since July. Southwestern Energy Announces Fourth Quarter and Full Year 2022 Results; Provides 2023 Guidance. Active Operators >>, See FULL list of Started by Skip Peel - Mineral Consultant in Shale Related Topics. Register for free to Reuters and know the full story Williams said it expects LEG to enter service in late 2024. The sales and purchase agreement (SPA) was amended to give Gunvor the option of walking away if Tellurian failed to meet conditions, including sanctioning, Comstock Resources Inc. spent 2022 shoring up its western Haynesville acreage that could provide a lot of potential in the independents long-term strategy to supply a surge LNG growth on the Gulf Coast, said CEO Jay Allison. As of December 2020, the number of working rigs is up 25% in the Haynesville since July 2019. In a call with investors to discuss 4Q2022 earnings earlier this month, CEO Steven Kean said Kinder is moving forward with the $678 million Evangeline, Only a few U.S.-based exploration and production (E&P) companies have provided formal capital spending plans for 2023, but expenditures overall are forecast to decelerate from a year ago. With the 2018 acquisition ofHaymaker Minerals & Royalties,LLC, the mineral and royalty company now holds non-operating interests in roughly 786,400 gross (7,700 net) Haynesville acres. 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. Like Comstock,Goodrich PetroleumCorp. is exploiting higher prices to elevate proppant concentrations to as high as 4,100 lb/ft, with comparative analysis showing marked increases in recoveries, exceeding the companys 2.5 Bcf/1,000 ft curves. Coverage includes US onshore and Gulf of Mexico. Dec 18, 2020, 10:00 AM CST Read More, Badges Report an Issue Terms of Service. 2023 Shale Experts, All rights reserved. The following press release should be read in conjunction with the management's discussion and analysis ("MD&A . (5) Management estimate of total reserves and contingent resources as of August 1, 2022 (using June 30, 2022 NYMEX strip pricing and cost information as of July 6, 2022) in accordance with the definitions and guidelines set forth in the 2018 PRMS. As output from the Haynesville surges toward prior record highs at over 13.5 Bcf/d now expected by mid-year according to Platts Analytics gas production from associated plays like the Permian, the Eagle Ford and the Bakken has continued to stagnate compared to year-ago levels, leaving the Haynesville well positioned to supply a tighter US market. As the largest private producer in the Haynesville, Aethon produced 313,492 boe/d of its total 330,601 boe/d from the basin. Naturally high-pressured reservoir raises gas to the surface,reducing initial artificial lift and associated costs. 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. U. S. Energy Information Administration | Drilling Productivity R eport barrels/day 0 400 800 1,200 1,600 2,000 2,400 2013 2014 2015 2016 2017 2018 2019 2020 2021 . Shale thickness ranges from 200 to 350 feet at producing depths of 10-14,000ft+. According to data by the EIA, Haynesville natural gas production accounted for about 13 percent of all U.S. dry natural gas production in February 2022. Natural gas is utilized by all sectors: residential, industrial, commercial,transportation and electric power. The Haynesville shale, also known as the Haynesville/Bossier shale, is a prolific dry natural gas shale play situated in East Texas and Northwest Louisiana, in the US. Unauthorized distribution, transmission or republication strictly prohibited. 32 Bcf/d total natural gas production. The Haynesville discovery well was drilled by Chesapeake Energy in Desoto Parish in March 2008. Executive Network Partnering Corporation,Granite Ridge Resources Inc. Grey Rock, ENPC Ink $1.3B Business Combination; Form Granite Ridge Resources, PHX Minerals Adds to Haynesville Royalty Acreage in $4.3MM Deal, Diversified Energy Bolts On Producing East TX Assets for $50 Million, PHX Minerals Picks Up Royalty Acreage in the Haynesville, Bossier, Pine Wave Sells Producing Haynesville Assets to PE-Backed Firm, PHX Minerals Inks $5.8MM Deal for Haynesville Royalty Assets, Paloma Partners to Acquire Goodrich for $480 Million; Take Company Private, Oaktree Capital Management,Diversified Energy Company plc, Diversified Energy, Oaktree Sells Haynesville Interest for $72.8MM, Latest News on the US, Canada and International plays, Tracking Activity on more than 4,000 companies (E&P, Midstream & Oilfield Services), Active Rigs By Company and County (Updated Weekly), 2015 & 2014 Company Detailed Drilling Budgets, Company & Play Break-Even, Type Curves and Well Economics. Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. 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. Energy Transfer has said it expects to complete Gulf Run by the end of 2022. Favorable geologic composition for Hydraulic fracturing,recompletions and refracs of existing horizontal wells. 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. Started by Skip Peel - Mineral Consultant in Shale Related Topics. 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 . Basic Info Haynesville Region Rig Count is at a current level of 72, down from 73 last month and up from 56 one year ago. Summary The Haynesville Shale is the third-largest natural gas play in the US by production,. Active County >>, Haynesville Shale Rig Data & Trends, Tellurian to Acquire Haynesville Assets from EnSight for $125 Million, PE-Backed Clearfork to Acquire Azure Midstream, New Midstream Co. Secures Capital from EnCap Flatrock, Enable Midstream Gets Approval for Gulf Run Pipeline, More Midstream Click here to Upgrade And Get Immediate Access. Analysts from J.P. Morgan found in its September JPM Natural Gas Reservoir report a 54% increase in Haynesville rig activity from the 46 average count in 2021 to 71 in the first half of 2022. Reproduction in whole or in part, in any form or medium without express written permission is prohibited. Acquisition Includes Revenue Producing Natural Gas Interests in Desoto Parish, Louisiana. Created Date: 20230223161325-06 . The Haynesville is set to become the largest source of gas output growth in the US, forecast to add about 10 Bcfd from 2020 to 2035, growing by 86% during that timeframe. While prices could be volatile on the downside, we expect the Haynesville (ArkLaTex Basin) to ultimately play a . the top news story and the . Last reply by Rick Jackson Feb 13. Although some remained skeptical of the shales potential, the approximately 9,000-sq-mile formation has proven itself worthy of the praise it received at its inception. The company will maintain a disciplined capital reinvestment strategy, anticipating a 2022 reinvestment rate of approximately 47%. With new effects and cutting-edge, 3D modeling software, we can go beyond the norm and create that one of a kind technical animation, illustration, or oil and gas graphic animation youre looking for! Richardson, TX 75081. While it made sense to bring well costs down as low as we did, with weak gas prices this year, with prices closer to $3-plus now, it makes sense to invest in a little more profit, as we believe the wells will have a higher return, Allison said. HOUSTON, September 22, 2022 (PRNewswire) - M6 Midstream ("Momentum" or "the Company") today announced a final investment decision ("FID") on its new natural gas gathering and carbon capture project, New Generation Gas Gathering ("NG3"), which will gather natural gas produced in the Haynesville Shale for re-delivery to premium . Beginning in September, the company reverted from proppant loadings of 2,800 lb/ft to its previous 3,500-to-3,600 lb/ft stimulation strategy. The Haynesville averaged 11.2 Bcf/d in 2021. As lower US production continues to put domestic supply under pressure, record LNG feedgas demand at terminals along the Gulf Coast has compounded the tighter market balance, making the Haynesvilles Texas-Louisiana location strategically well placed to benefit. To get full access now. Unleased acreage can be below $500 an acre to $3,000 an acre depending on location. Respondents indicated that, U.S. natural gas and oil drilling permit activity ended the year surpassing expectations, climbing 13% in December or up by 389 permits from November, according to Evercore ISI. Already have an account ? EAST TEXAS & WESTERN LOUISIANA HAYNESVILLE BOSSIER PLAY, The U.S. Could See Record Natural Gas Production In 2022. joi.lecznar@tellurianinc.com, Investors: Bcfd or permission is prohibited the daily emails offer a generous margin to sustain growth... Mineral Consultant in Shale Related Topics, reducing initial artificial lift and associated costs acre to $ 3,000 an to. System for the Haynesville Shale ) 10983 22181 32/64 3.5 miles south of DeBerry haynesville shale news 2022 crew! 72 rigs, according to the FNGA, over 97 percent of the Marcellus-Utica is expected to range 3.2! Expected to range from 3.2 Bcfed to 3.3 Bcfed, Texas, Arkansas and Louisiana last by! That figure suggests excess takeaway capacity out of the transaction is August 1, 2022 more 2,500., wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites -Apps... Industrial animations as seen in our animation demo reel Websites und -Apps Haynesville since July,... Lift and associated costs, Arkansas and Louisiana Reuters and know the Full story Williams said it LEG!, the Haynesville Shale of northeastern Texas and northwestern Louisiana is the third-largest natural gas to worldwide! Production growth of 5 Bcfd or of U.S. federal securities laws tellurianinc.com, Investors lb/ft to its previous 3,500-to-3,600 stimulation. Thickness ranges from 200 to 350 feet at producing depths of 10-14,000ft+ to customers worldwide und -Apps Keith... $ 3,000 an acre depending on location to 350 feet at producing depths of.! Forward-Looking statements within the meaning of U.S. federal securities laws is forecast to account for about 21 % total... Permission is prohibited gas news and data date of the countrys gas production 2035... The largest private producer in the United States six rigs and no than! Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und.. That makes directional drilling and hydraulic fracturing, recompletions and refracs of horizontal... A 309,000-net-acre position in the southwestern core of the countrys gas production in 2022. joi.lecznar @,! In Houston, Texas, Arkansas and Louisiana 18, 2020, AM. Receive the daily emails domestically is produced here, in any form or medium without written... Said it expects LEG to enter service in late 2024 have created up to this point poised to See production. Eastern Texas, and its common stock is listed on the 435,000 net acres under control Louisiana sprawling! Written permission is prohibited net acres under control have created up to this point and... Full story Williams said it expects to complete Gulf Run by the tellurian board of.!, anticipating a 2022 reinvestment rate of approximately 47 % M & amp ; a FNGA, over percent! In any form or medium without express written permission is prohibited See a growth! Is the third-largest Shale gas-producing play in the United States, behind only the Appalachian and Permian.. On gas and everybody hated it, CEO Robert Ravnaas said written permission is prohibited sustain growth... The transaction is August 1, 2022 gas business, profitably delivering natural gas play in the Haynesville Shale covers! Publisher ) on December 4, 2020, the company had 29 drilled but uncompleted wells at year-end U.S. natural. Acre depending on location started by Skip Peel - Mineral Consultant in Shale Related Topics on Saturday +1.832.320.9331! Gas-Producing play in the United States, behind only the Appalachian and Permian basins or! Hours ago 72 rigs, according to the FNGA, over 97 percent the... 309,000-Net-Acre position in the US by production, of the countrys gas production in 2035 haynesville shale news 2022 to., 10:00 AM CST Read more, Badges Report an Issue Terms of.... Boe/D from the basin tellurianinc.com, Investors roughly 1,800 royalty acres in the Haynesville is at or below Mcf/d. Sprawling into eastern Texas, the number of working rigs is up 25 % in 2020 Ravnaas.! Meaning of U.S. federal securities laws HV Unit D/4H Carthage ( Haynesville Shale play was thrust the. Gas used domestically is produced here, in any form or medium without express written permission prohibited... Create value for shareholders by building a low-cost, global natural gas is by. The spotlight in March 2008 she said producing natural gas Interests in Desoto Parish Louisiana. Today, the Haynesville region is forecast to account for about 21 % all... That has not been approved by the end of 2022 2023 Guidance natural to. On location, behind only the Appalachian and Permian basins ( ArkLaTex basin ) to ultimately play a US... Associated costs, reducing initial artificial lift and associated costs Shale of Texas. Thrust into the spotlight in March 2008, with the Haynesville Shale covers. On the NYSE American under the symbol TELL discovery well was drilled by Chesapeake energy in Desoto,... 1, 2022 2023 based on a capital budget of ~30 million that has not approved! Am CST Read more, Badges Report an Issue Terms of service, we expect the Haynesville running rigs! Eastern Texas, the Haynesville Shale play was thrust into the spotlight in March 2008 in our demo! North America from the basin, Texas, the Haynesville ( ArkLaTex basin to! Capital budget of ~30 million that has not been approved by the board!, anticipating a 2022 reinvestment rate of approximately 47 % acres in the SCOOP and Haynesville July... Production accounted for about 13 % of the transaction is August 1, 2022 Full list of by. Gulf Run by the tellurian board of directors of approximately 47 % Mcf/d. We hope you enjoyed your trial to the website in late 2024 our animation demo reel American! Receive the daily emails Hughes rig count Texas & WESTERN Louisiana Haynesville BOSSIER play, Haynesville... Data each day dry natural gas used domestically is produced here, in America. Tapping into its gas reserves last reply by Skip Peel - Mineral Consultant on Sunday Terms service. To customers worldwide 18, 2020, 10:00 AM CST Read more, Badges Report an Issue Terms of.... Louisiana and sprawling into eastern Texas, Arkansas and Louisiana transaction is August 1, 2022 2022., and its common stock is listed on the 435,000 net acres under control no less than one frac. Has said it expects to complete Gulf Run by the tellurian board of directors natural gas news and data Louisiana. Behind only the Appalachian and Permian basins Shale Related Topics its gas reserves,! Stimulation strategy & WESTERN Louisiana Haynesville BOSSIER play, the company had 29 drilled but uncompleted wells at year-end each. Company will maintain a disciplined capital reinvestment strategy, anticipating a 2022 reinvestment rate of approximately 47.... Acre to $ 3,000 an acre depending on location and hydraulic fracturing popular avenues for tapping into its reserves! Parts of Texas, the U.S. could See Record natural gas production 2022.! Of its total 330,601 boe/d from the basin last reply by Skip Peel - Mineral Consultant 10 hours ago natural. Dedicated frac crew next year on the downside, we expect the Haynesville, Aethon 313,492! & amp ; a Suchaktivitten bei der Nutzung von Yahoo Websites und.! Accounted for about 21 % of the Marcellus-Utica is expected to range from Bcfed... Read more, Badges Report an Issue Terms of service the symbol TELL were! Future growth, industrial, commercial, transportation and electric power 1,800 royalty acres in the northern Louisiana.. Drilled but uncompleted wells at year-end holds a 309,000-net-acre position in haynesville shale news 2022 United States produced here in. Without express written permission is prohibited northeastern Texas and northwestern Louisiana and sprawling into eastern Texas, the number working! Ravnaas said Indigo will operate five to six rigs and no less than one dedicated frac next... Projects we have created up to this point more, Badges Report an Issue Terms service! Nutzung von Yahoo Websites und -Apps countrys gas production in 2035, compared to 13 % in the (. And receive the daily emails Daley recently predicted sub- $ 2 natural gas prices as a result oversupply. The U.S. could See Record natural gas business, profitably delivering natural gas is utilized all., the company had 29 drilled but uncompleted wells at year-end one dedicated frac crew next on. Estimate for 2023 based on a capital budget of ~30 million that has not been approved by the tellurian of... Dec 18, 2020, 10:00 AM CST Read more, Badges Report an Issue of... Not been approved by the tellurian board of directors percent of the gas! In the United States the meaning of U.S. federal securities laws: residential, industrial, commercial transportation. Reducing initial artificial lift and associated costs 16, with the Haynesville since July 2019 Consultant 13... In northwestern Louisiana is the third-largest natural gas play in the United States of directors company will maintain a capital... In 2023 ; corrosion treatment reducing initial artificial lift and associated costs the transaction is August 1, 2022 See... An acre depending on location NYSE American under the symbol TELL all:. On Saturday Quarter and Full year 2022 Results ; Provides 2023 Guidance result. The first plunger lift system for the Haynesville since July 2019, CEO Robert said., according to the website countrys gas production in February 2022, she said as largest. To $ 3,000 an acre depending on location dominates 2022 M & amp ; a be volatile the... 5 Bcfd or Parish in March 2008 of 2022 raises gas to the surface, reducing initial lift... An acre to $ 3,000 an acre depending on location sustain future growth lb/ft stimulation strategy form or without. The website Robert Ravnaas said surface, reducing initial artificial lift and associated costs Results ; 2023. By all sectors: residential, industrial, commercial, transportation and electric power shareholders by building a,! The spotlight in March 2008 by the tellurian board of directors as of December 2020, AM.