Long Depressed Haynesville Shale Activity Rising With NatGas Prices

摘要

While liquids-rich plays are all the hype, the long-standing Haynesville Shale dry-gas formation - straddling Texas and Louisiana - is seeing a quiet revival. Drilling permits and rig counts are up versus year-ago levels and some operators are even anticipating production growth as soon as the second half of 2014. "[The Haynesville] is a unique natural gas play that may be the sleeping giant of shale plays. The productive melding of horizontal drilling and hydraulic fracturing began with natural gas, and in the Haynesville Shale," according to the Independent Petroleum Association of America's May report.