Haynesville Shale

RECENT NEWS
Forbes  Mar 25  Comment 
Once the darling of the U.S. natural gas business, the legendary Haynesville shale play is awakening once again.
newratings.com  Dec 20  Comment 
WASHINGTON (dpa-AFX) - Chesapeake Energy Corp. (CHK) Tuesday announced that it has signed an agreement to sell a portion its acreage and producing properties for approximately $465 million to an affiliate of Covey Park Energy LLC. The company...
Forbes  Dec 19  Comment 
All three companies have operations in east Texas' and northern Louisiana's Haynesville Shale, which has become more appealing recently given rising natural gas prices.
newratings.com  Dec 5  Comment 
WASHINGTON (dpa-AFX) - Chesapeake Energy Corp (CHK) said it has signed an agreement to sell a portion of the company's acreage and producing properties in its Haynesville Shale operating area in northern Louisiana for about $450 million to a...
Motley Fool  Sep 1  Comment 
The Haynesville shale might be down, but improving drilling returns and rising LNG exports put it in the position to once again be a major growth driver for producers.




 

The Haynesville Shale is a massive natural gas deposit in northern Louisiana. Early estimates suggest the shale may hold as much as 200 trillion cubic feet of natural gas, or the equivalent of 33 Billion barrels of crude oil.[1]

The Haynesville Shale was discovered by Chesapeake Energy (CHK), who began devoting substantial resources to exploration in 2005 after having gotten in late to the Barnett Shale.[1]

References

  1. 1.0 1.1 The Wall Street Journal Reports on the discovery of the Haynesville Shale
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