Hello, Haynesville

The shale play that wouldn’t quit is back in the ring—and winning.

Hello, Haynesville

Independence Contract Drilling Inc. floorhand Oscar Benevides waits to make a pipe connection while drilling Indigo’s CB Farm 19&30-9-12HC #1 in northern Sabine Parish. (Source: Tom Fox/Hart Energy)

The Haynesville’s been keeping some secrets, everyone. It’s producing as much as ever—more than 10 billion cubic feet a day (Bcf/d). And there are about as many rigs drilling it as the Marcellus. Yes, the Marcellus.

Just 24 or so months ago, it remained stuck on a 6-Bcf/d axis after getting tangled in the spring of 2012 with a relentless sub-$3 strip. Strip’s still about $3, yet the Haynesville’s up 66%.

Already have an account? Log In

Subscribe now to get unmatched and complete coverage of the Energy industry’s entire landscape!

View our subscription options
  • Access to site wide content
  • Access to our proprietary databases
  • Watch exclusive videos with energy executives
  • Unlimited access to an extensive library of Playbooks, Techbooks, Yearbooks, supplements, and special reports
  • Newly Added! Access to Rextag's Energy Datalink, containing extensive GIS databases of energy assets, production records, processing capacities, physical locations, planned projects, acquisition records, and much more.

Nissa Darbonne

Nissa Darbonne is author of The American Shales and has been a journalist since 1984, beginning in the oil and gas fields of South Louisiana. She writes for Oil and Gas Investor and is actively involved in Hart's conference agendas.