2023-02-10 - Data on treated produced water can help the industry find more uses for the water that comes out of the reservoir during production. Comstock Resources, Inc.reported financial and operating results for the quarter and year ended December31, 2020. Last reply by Skip Peel - Mineral Consultant on Sunday. Williams announced an expansion of gas gathering services for Chesapeake Energy in growing dry gas production areas of the Utica Shale in eastern Ohio and a co The Haynesville Shale is a prolific, dry, natural gas-bearing play that stretches across east Texas, northwestern Louisiana. 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. New York Haynesville gas production is surging into the new year, climbing to its highest in nearly eight months, as operators there respond to a bullish outlook for the basins strategically located supply. The Company is also pleased to announce that it has received multiple new drill notifications on some of its Haynesville Shale acreage by operators including Comstock Resources and Vine Energy.. Posted by Keith Mauck (Site Publisher) on December 4, 2020 at 10:08. 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. Covey Park Gas LLC Cubic Energy Denbury Resources Devon Energy El Paso Corp. EnCana Corp. Encore Acquisition In addition to previously completed expansion projects, which have recently added some 1.75 Bcf/d of capacity, a third project under development by Midcoast Energy the CJ Express promises to expand market access from the Haynesville by another 1 Bcf/d by later this quarter. Reduced gas supply from oil-heavy basins has fueled a rally in the Henry Hub 2021 forward gas curve. This is a change of -1.37% from last month and 28.57% from one year ago. Started by Skip Peel - Mineral Consultant in Shale Related Topics Feb 22. Haynesville News The U.S. Could See Record Natural Gas Production In 2022 Haynesville Shale 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. Terms of Service, As exciting as this is, we know thatwe havea responsibilityto do this thing correctly. In addition to its overall size, the Haynesville is known for its high porosities. 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. Unleased acreage can be below $500 an acre to $3,000 an acre depending on location. That figure suggests excess takeaway capacity out of the Haynesville is at or below 900,000 Mcf/d, or about 7% of total capacity. 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 . Comstock drilled 55 (46.1 net) operated horizontal Haynesville shale wells during the year ended December31, 2020, which had an average lateral length of 9,247 feet. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. Sign in to get the best natural gas news and data. After a strong third quarter bolstered by high natural gas prices, the Frisco, TX-based independent has taken note as natural gas prices have fallen over 70% since September, said, With the Haynesville Shale continuing to serve as the biggest driver of projected onshore natural gas production growth, output from seven key Lower 48 plays is poised to grow by 426 MMcf/d from February to March, according to the Energy Information Administration (EIA). News. ", (source: U.S. Energy Information Administration), (Source: EIA, based on data from CME Group as compiled by Bloomberg, L.P., and Baker Hughes Company). Additionally, 19 bbl/d of its total 402 bbl/d of oil production and 1.88Bcf/d of its total 1.98Bcf/d of natural gas production came from the Haynesville. 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. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited. We've increased our gathering and treating capacity by 25% for this year and up to 60% in out years.. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Started by JAMES SMITH in Shale Related Topics. Patterson-UTI Expects +50 Rigs To be Added in 2023; PE-backed E&P To Lead. Vine controls 188,000 net acres in northwestern Louisiana, where along with the Haynesville, the once-bypassed mid-Bossier zone has emerged as a primary target. Tellurian to Acquire Haynesville Assets from EnSight for $125 Million July 13,2022 PE-Backed Clearfork to Acquire Azure Midstream January 19,2022 New Midstream Co. Secures Capital from EnCap Flatrock January 19,2022 Enable Midstream Gets Approval for Gulf Run Pipeline June 02,2021 More Midstream News Latest Midstream Projects December 30, 2022 | Claire Poole. Summary The Haynesville Shale is the third-largest natural gas play in the US by production,. All material subject to strictly enforced copyright laws. According to a forecast from Platts Analytics, export demand should remain near 11 Bcf/d through March before retreating below 10 Bcf/d from April to October as global demand wanes in the spring and summer. Washington DC | New York | Houston | Pittsburgh | Mexico City Calgary | Chile. Spot prices for liquefied natural gas (LNG) delivery in Asia jumped to a six-year high this week aslower-than-normal temperatures in key LNG importers and continued growth inChinas industrialactivity boost demand., Aethon Energy Operating LLC Anadarko Petroleum Berry Petroleum Beusa Energy BG Group Please Upgrade it take less then a minute. Haynesville natural gas production accounted for about 13% of all U.S. dry natural gas production in February 2022. Rextag database of energy infrastructure assets. Despite a seemingly quiet year, the Haynesville saw a 54% increase in rig activity, reaching 72 in mid-December. It is one of the most revenue-generating shale plays in the U.S. The EnSight asset is a great fit with Tellurians 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.. Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), U.S. Drillers Cut the Most Oil and Gas Rigs in a Month Since June 2020: Baker Hughes, Industry Short on Data about Fully Treated Produced Water, Neptune Energys Rmerberg 6 Well Begins Production, Partial Outage Continues at Norway's Sverdrup Oilfield. Started by Skip Peel - Mineral Consultant in Shale Related Topics. 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. Natural gas production was above 82 Bcf/d, bringing it on par with the record high in November 2019. Our seasoned technical animator team specialize in process, mechanical and industrial animations as seen in our animation demo reel. 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. No problem. Production growth in the Haynesville has been facilitated by expanding pipeline takeaway capacity out of the Haynesville in recent years. 2023-02-26 - U.S. oil rigs fell seven to 600 this week andgas rigs stayed unchanged at 151,still up 103 rigs, or 15.8%, over this time last year. 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. Last reply by Rebecca Lane Feb 16. This site was born out of these desires. The company will maintain a disciplined capital reinvestment strategy, anticipating a 2022 reinvestment rate of approximately 47%. LNG Prices Soar to Six-Year High 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. But indications are that the third-largest producing gas shale in the U.S. is geared up for a robust 2023 if commodity prices hold. 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. 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. (1) Management estimate of EnSight June 2022 average sales volumes of target assets. 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 . Top basin performers Chesapeake Energy, Southwestern Energy, Comstock Resources, Aethon Energy and Rockcliff Energy II produced a combined total of 1.53 MMboe/d, 83 bbl/d of oil and 9.2 Bcf/d of gas in the first half of 2022, according to data from advisory firm Enverus. 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. Announces Phase 2 expansion of Haynesville system Reaffirms 2022 adjusted EBITDA guidance of $770 to $810 million Reaffirms 2023 adjusted EBITDA early outlook of $810 to $850 million Declares quarterly dividend of $0.64 per share DETROIT, Aug. 03, 2022 (GLOBE NEWSWIRE) - DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2022 reported net income of $91 million, or $0.93 per diluted . Listen to the latest episode of our newest podcast, *Download Report Now* High Stakes for Natural Gas & The World Is All-In, N.A. Unauthorized distribution, transmission or republication strictly prohibited. Dies geschieht in Ihren Datenschutzeinstellungen. A searchable database of oil and gas debt and equity offerings. Energy Transfer has said it expects to complete Gulf Run by the end of 2022. In fact, in 2019, US consumption set a new, record high of 31 Trillion cubic feet of gas. Database of selected U.S. and international exploration wells. Started by Ellen Eakin in Shale Related Topics. 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. 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 Driven by newer technology, operators have extended lateral lengths from 4,500 feet to 7,500 feet with higher proppant intensities per foot. 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! To get full access now. $476.9 million was spent to develop its Haynesville and Bossier shale properties, comprised of $436.1 millionon drilling and completing wells and an additional $40.8 million on other development activity. According to the FNGA, over 97 percent of the natural gas used domestically is produced here, in North America. This event is the meeting place to network and gather market intelligence from . Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), Tellurian Production, Revenues Soar in Q4 as Driftwood LNG Remains on Track, Inside Comstocks North Houston Western Haynesville, Williams, Chevron Agree to Natural Gas Production Projects in Haynesville and GoM, A&D Minute: Chesapeake's Eagle Ford Divestiture with a Twist [WATCH], WhiteHawk Picks Up Haynesville Mineral, Royalty Interests in $105 Million Deal, Marketed: Merced Capital Diversified Non-Operated Lower 48 Assets, Tokyo Gas' TG Natural Nears $4.6B Deal to Buy Haynesville's Rockcliff. The productive interval of the shale is greater than 10,000 feet below the land surface. 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. info@naturalgasintel.com Shale thickness ranges from 200 to 350 feet at producing depths of 10-14,000ft+. Indigo Natural ResourcesLLC is among the most active of the privately held operators, averaging four to six rigs and one to two frac spreads. That makes directional drilling and hydraulic fracturing popular avenues for tapping into its gas reserves. EnSight asset highlights: Current net production of ~45 million cubic feet of natural gas per day (MMcf/d) (100% natural gas) (1). 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. Capacity out of the natural gas production accounted for about 13 % of all U.S. dry natural gas production above... 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