Haynesville ///

Osaka Gas acquires Sabine Oil & Gas in Japan’s first foray into U.S. shale gas

Osaka Gas has entered into a definitive agreement with Sabine Oil & Gas Holdings to acquire 100% of the outstanding shares of its subsidiary, Sabine Oil & Gas Corporation, which produces shale gas in the amount of 210 MMcfed.

World of oil and gas

Emily Querubin, World Oil

Talos Energy has completed its appraisal program for the Zama discovery on Block 7, in the offshore portion of Mexico’s prolific Sureste basin.

Comstock Resources to become Haynesville leader with $2.2-billion acquisition

Comstock Resources, Inc., and Covey Park Energy LLC have jointly announced that Comstock has entered into an agreement under which Comstock will acquire Covey Park in a cash and stock transaction valued at approximately $2.2 billion.

LAGCOE 2019 issues call for speakers

The LAGCOE 2019 Conference Committee is now accepting speaker applications for consideration for its biennial conference and exposition to be held Oct. 9-11, 2019 at the Ernest N. Morial Convention Center in New Orleans, La.

Texas snaps 2-year streak of oilfield job growth as crude slides

Jobs in the Texas oil patch dropped for the first time in almost two years, according to the state’s workforce commission.

Motley outlook amid new highs in gas production, prices

Jim Redden, Contributing Editor

Despite both production and seasonal gas prices at multi-year highs, asset-holders in the Haynesville and Bossier shales are sending mixed messages as to the breadth of the supposedly percolating recovery.

Formation water reduction technology proves successful in the field

Adam K. Harper, John W. Green, Andreina Dewendt, John M. Terracina, Hexion Inc.

Advanced technology allows operators to reduce formation water, while maintaining oil and gas production.

Haynesville natural gas production is increasing, EIA says

In June 2018, natural gas production in the Haynesville shale formation, located in northeastern Texas and Louisiana, averaged 6.4 Bcfd, accounting for 8.5% of total U.S. dry natural gas production and the highest production from this region since September 2012.

EIA: Haynesville natural gas production reaches five-year high

In June 2018, natural gas production in the Haynesville shale formation, located in northeastern Texas and Louisiana, averaged 6.35 Bcfd, accounting for 8.5% of the total U.S. dry natural gas production, Haynesville’s highest production level since November 2012.

Shaletech: Haynesville-Bossier Shale

Jim Redden, Contributing Editor

Brighter gas fundamentals spark second wind

EIA: Haynesville shale gas production increases to highest levels since 2013

Recent increases in drilling activity and well production rates are raising natural gas production levels in the Haynesville region, according to EIA’s Short-Term Energy Outlook (STEO). Marketed natural gas production in Haynesville reached 6.9 Bcfd in September after remaining near 6.0 Bcfd for the previous three years.

Rockcliff Energy acquires additional Haynesville shale rights

Rockcliff Energy has announced that, in addition to its pending acquisition of Samson's East Texas and North Louisiana properties, it has acquired approximately 60,000 net acres of Haynesville shale rights.

USGS study shows unconventional oil and gas production not currently affecting drinking water quality

A new U.S. Geological Survey study shows that unconventional oil and gas production in some areas of Arkansas, Louisiana, and Texas is not currently a significant source of methane or benzene to drinking water wells. These production areas include the Eagle Ford, Fayetteville, and Haynesville shale formations, which are some of the largest sources of natural gas in the country and have trillions of cubic feet of gas.

Shale play `left for dead' gets some love as U.S. gas rises

A natural gas basin that helped kickstart the shale boom a decade ago is getting a new lease on life as the market recovers.

Tokyo Gas invests in development of unconventional Haynesville assets

Tokyo Gas America Ltd ., a wholly owned subsidiary of Tokyo Gas Co., Ltd., has acquired a 30% equity interest in Castleton Resources LLC (CR), a subsidiary of Castleton Commodities International LLC (CCI) formed to acquire and develop oil and gas assets in the East Texas/Louisiana region, with a specific focus on unconventional Haynesville assets.

EXCO Resources divests South Texas oil, gas properties for $300 million

EXCO Resources, Inc. has announced the execution of a definitive agreement with a subsidiary of Venado Oil and Gas, LLC, an affiliate of KKR, to divest its oil and natural gas properties in South Texas.

Comstock Resources adds to Haynesville acreage with joint development venture

Comstock Resources has entered into a joint development venture that will target the Haynesville shale.

Chesapeake to sell second Haynesville shale position for $465 million

Chesapeake Energy 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 approximately $465 million to an affiliate of Covey Park Energy LLC.

Chesapeake sells portion of Haynesville shale acreage for $450 million

Chesapeake Energy 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 approximately $450 million to a private company.

Chesapeake declares ‘propageddon’ with record frac job

The era of the monster frac has arrived in North America, and Chesapeake Energy Corp. is singing its praises.