Haynesville Exclusives

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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.

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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.

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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.

Haynesville - Texas Drilling Permits Trends

7 Day Trend4 (-2)
30 Day Trend12 (+3)
1 Year Trend173 (-259)
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Haynesville Gross Acreage

CompanyNet Acreage
Chesapeake Energy387,000
BHP Billiton200,000
EOG Resources143,000
All Top Acreage Holders