Goodrich Petroleum Corp said the Securities and Exchange Commission (SEC) completed an investigation into its disclosures on wells and reserves in the Haynesville shale field and that no action had been recommended.
Despite the great number of Natural Gas fields in the U.S., only a handful of fields get the media attention (if any) that they deserve. Most of the attention usually focus on the Marcellus Shale, the Barnett Shale and the Haynesville Shale. In...
Wildfires raging in east Texas prompted Louisiana officials to issue a fire
threat advisory for oil and gas operators in the state as the blazes
potentially threaten the largest producing natural gas field in the US,
reports said Wednesday.
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.