- Tight Gas & Oil
- Gas Hydrates
Tough times and low demand add pressure on service providers in dry gas basins as operators “slow-walk” payment for services. Meanwhile, Eaglebine and Cotton Valley activity offers stability for some.
While everyone is talking refrack opportunities in the Haynesville and Barnett, programs have been put on hold until commodity prices improve, including Devon Energy’s refrack effort in the Barnett.
All is quiet in the Haynesville, Fayetteville and Barnett shales until operators see sustained natural gas prices of $2.90, according to Hart Energy’s Heard In The Field survey.