Haynesville Shale ‘Private Rejuvenation Model’ Takes Spotlight

Upstream oil and gas expert highlights the Haynesville Shale in a discussion covering markets, basin lifecycle and the new economic model.

Velda

Addison

Hart Energy

Thu, 02/04/2021 - 11:56 AM

Drilling rig in the Haynesville Shale near Greenwood, La. (Source: Hart Energy)

Drilling rig in the Haynesville Shale near Greenwood, La. (Source: Hart Energy)

When it comes to the shale basin of the future, the most critical factors for success involve markets and holistic thinking, according to an upstream energy guru.

For the Haynesville Shale, it’s all about exports, Bob Fryklund, vice president and chief strategist for IHS Markit’s Upstream Energy Group, said during the recently held AAPG Global Super Basins virtual conference.

“This is an export only basin as we go forward. If it wasn’t for the ability to export, there wouldn’t be much more drilling in the Haynesville,” Fryklund said.

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In this article

Chart reflects yearly performance.

Velda Addison

Velda Addison is the group senior editor for Hart Energy’s editorial team. She covers exploration and production.

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