Natural gas operators in the Haynesville Shale discuss prices, returns, LNG demand and technology during Hart Energy’s DUG Haynesville Virtual Conference.
With the investment backing of Tokyo Gas and Castleton Commodities International and having added Shell’s Haynesville property, along with Range Resources’ Cotton Valley (Terryville Field) upstream portfolio, Castleton Resources is looking to buy more.
Rockcliff Energy is making Mcfes in East Texas for less than $1 each. A 20% return is reached at less than $2. And it’s up to 80% hedged into 2022 at more than $2.48. It’s kept four rigs drilling continuously since 2017.