Natural gas operators in the Haynesville Shale discuss prices, returns, LNG demand and technology during Hart Energy’s DUG Haynesville Virtual Conference.
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.
Midstream infrastructure to Gulf Coast markets is supplying going-forward natgas demand, including behemoth LNG exports.