WebDec 3, 2024 · In small-town Louisiana, the natural gas boom is paying a lot of bills. Andy Uhler Dec 3, 2024. Heard on: Grand Cane, Louisiana, sits above the Haynesville Shale, a rock formation that contains ... WebApr 11, 2024 · The Energy Information Administration (EIA) has released its latest Short-Term Energy Outlook (STEO), which predicts that natural gas spot prices at Henry Hub will average $2.65/MMBtu in the second quarter of 2024. The agency noted that the same price was also averaged in the first quarter, as the early 2024 temperatures reduced demand.
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WebApr 12, 2012 · According to this report, there are 34 rigs operating in the Haynesville. Absent time related lease maintenance, with current Nat. Gas prices averaging $2.50 for the next year, given $10M well cost, after royalty - break even number is 5.5 BCF! WebHaynesville Shale stratigraphic column for Texas. The Haynesville Shale is an informal, popular name for a Jurassic Period rock formation that underlies large parts of southwestern Arkansas, northwest Louisiana, … bug repellent stickers for adults
Natural Gas from Shale: Texas Revolution Goes Global
WebApr 10, 2024 · The Aethon well, Currie #2H, in eastern Robertson County, Texas, came in with 36.9 MMcf/d from a 6,561-ft lateral at an average 5.6 million cubic feet per day (MMcf/d) per 1,000 ft, according to Erin Faulkner, an Enverus analyst. The 24-hour test was on a 20/64 choke with 12,072 pounds per square inch (psi) flowing casing pressure, she added. WebJan 27, 2024 · Haynesville Shale gas wells can be expensive to drill since they are so deep so there is a trade off. That said, Chesapeake claims that the breakeven prices are around $2.25/MCF but you have to take that with a grain of salt since they are currently going through bankruptcy. Operators WebThe Haynesville Shale (also known as the Haynesville/Bossier) is situated in the North Louisiana Salt Basin in northern Louisiana and eastern Texas with depths ranging from … bug repellent with deet