Rig activity remained strong through Dec. 16, with the Haynesville running 72 rigs, according to the Baker Hughes rig count. We like to be contrarian. So, were not going to overpay for gas assets in this environment. Merced Capitalhas retained Detring Energy Advisors to market for sale itsdiversified non-operated wellbore-only producing assetslocated across six of the most prominent basins across the Lower 48. The agency said in its latest Drilling Productivity Report (DPR), published Tuesday, that it expects natural. Our analysis visualizes several different scenarios that the system may face over the coming years. Last reply by Rebecca Lane Feb 16. Our seasoned technical animator team specialize in process, mechanical and industrial animations as seen in our animation demo reel. Shale thickness ranges from 200 to 350 feet at producing depths of 10-14,000ft+. The region is forecast to account for about 21% of the countrys gas production in 2035, compared to 13% in 2020. December 14, 2022 Liquefied Natural Gas , Shale Plays , Midstream Williams Signs LNG Deal Connecting Haynesville Gas to International Markets After reaching record-high production in 2021, the Haynesville Shale seemed to have a quiet2022, with a smattering of deal activity and attention seemingly focused more on LNG exports than production. At Southwestern, the companys strategic intent is to generate resilient free cash flow from responsible natural gas development, has enabled it to establish a presence within the two largest natural gas basins in the U.S. and become the largest gas producer in the Haynesville shale. Petrohawk Energy Corp. and Chesapeake Energy Corp. both announced lease acreages in Louisiana, sparking a flood of interest to the region. Unauthorized distribution, transmission or republication strictly prohibited. Already have an account ? No problem. Started by Steve P in Shale Related Topics. 1723 Analog Dr. Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the NYSE American under the symbol TELL. These statements involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. The purchase price is $125 million, subject to customary closing adjustments, and a contingent payment of $7.5 million which is based on the price of natural gas and may be payable in March 2023 under certain conditions. Started by Skip Peel - Mineral Consultant in Shale Related Topics Feb 22. U.S. Supreme Court declines to hear oil firms' appeal of coastal lawsuit ruling, The Race to Debottleneck U.S. LNG Feedgas Routes, Aethon mails checks for two new Titan wells, Promised Land Official Trailer #1 (2012) - Matt Damon Movie HD, U.S. NATURAL GAS MONTHLY SETTLEMENT PRICE TRACKER, Southwestern Energy Announces Fourth Quarter and Full Year 2022 Results; Provides 2023 Guidance, U.S. LNG producers poised to leapfrog rivals with three new projects. For the year, the company plans to turn 52 wells in line, followed by 10 new producers in the first quarter of 2021, says Sr. VP of Finance and Investor Relations Emily Newport. Total 2022 production from a 501,000-net-acre position in the southwestern core of the Marcellus-Utica is expected to range from 3.2 Bcfed to 3.3 Bcfed. Comstock also spent $7.9 million on leasing activity. The U.S. will become the biggest seller of the super-chilled fuel in 2025., As reported by oilprice.com Started by Skip Peel - Mineral Consultant in Shale Related Topics Feb 16. Naturally high-pressured reservoir raises gas to the surface,reducing initial artificial lift and associated costs. In January, total US feedgas demand has remained at a record-high 11 Bcf/d as US exporters look to capture multiyear highs in Northeast Asias import market where the JKM settled Jan. 6 at nearly $20/MMBtu amid a regional cold snap and a surge in Japanese power prices. The Haynesville shale of northeastern Texas and northwestern Louisiana is the third-largest shale gas-producing play in the United States. Subscribe for free to our newsletters for the latest energy news. The Barnett remains No. Production growth in the Haynesville has been facilitated by expanding pipeline takeaway capacity out of the Haynesville in recent years. The Houston company behind the massive project has agreed to. Haynesville News The U.S. Could See Record Natural Gas Production In 2022 Haynesville Shale The Haynesville is set to become the largest source of gas output growth in the US, forecast to add about 10 Bcfd from 2020 to 2035, growing by 86% during that timeframe. Patterson-UTI Expects +50 Rigs To be Added in 2023; PE-backed E&P To Lead. This site was born out of these desires. Shale Unit TOTAL: 2,427 Haynesville Shale Gas Play Well Activity Map. While it made sense to bring well costs down as low as we did, with weak gas prices this year, with prices closer to $3-plus now, it makes sense to invest in a little more profit, as we believe the wells will have a higher return, Allison said. Encased by the Cotton Valley Group (sandstone) above and the Smackover Formation (limestone) below, true vertical depths range between 10,000 to 14,000 feet. Upgrade now. All rights reserved. HOUSTON, September 22, 2022 (PRNewswire) - M6 Midstream ("Momentum" or "the Company") today announced a final investment decision ("FID") on its new natural gas gathering and carbon capture project, New Generation Gas Gathering ("NG3"), which will gather natural gas produced in the Haynesville Shale for re-delivery to premium . We hope you enjoyed your trial to the website. During the companys third-quarter 2022 earnings call, chairman and CEO Jay Allison shared that Comstock had highest quarterly results ever achieved in its history thanks to the increased sale of shale natural gas. Rusk Sabine San Augustine Shelby Smith Upshur Wood, In 2017 the USGS announced it had produced an updated calculation that shattered any other prior estimates of recoverable gas in the Haynesville. If youre facing a lawsuit, the outcome is critical, Oil and Gas Litigation to Include Personal Injury/Product Failure/Drilling, Business in the Permian Basin: Visual Resources, Appalachian Basin to Include Marcellus Shale and Utica Shale. February 21, 2023 Haynesville Shale Lower Natural Gas Prices Lead Comstock to Cut Rigs in Haynesville As natural gas prices swing lower from 2022 highs, Haynesville Shale-focused Comstock. Long known to contain natural gas, the Haynesville was originally considered to be a source rock and not a gas bearing reservoir because of its tight-rock system and lower permeability. STEP was profitable in all four quarters in 2022 - a sign of meaningful progress for the Company and the energy business broadly. The Haynesvilles close proximity to existing infrastructureincluding an extensive pipeline system, processing plants and Gulf Coast LNG export terminals makes the play an attractive operating environment with efficient cycle times from drilling to sales. Stay in touch with the latest activities by subscribing to our daily email covering operators, service companies, (acreage, production rates, well info, development plans, resverse, and completions designs), Top Haynesville E&P Cuts 2023 Drilling Program By 22%, Southwestern Energy 4Q, Full Year 2022 Results; Talks 2023 Plans, Chesapeake Energy Q4, Full Year 2022 Results; IDs $1.8B 2023 Capex, Chesapeake Energy Third Quarter 2022 Results, Comstock Resources Third Quarter 2022 Results. The Haynesville shale basin covers parts of Texas, Arkansas and Louisiana. Announces Phase 2 expansion of Haynesville system Reaffirms 2022 adjusted EBITDA guidance of $770 to $810 million Reaffirms 2023 adjusted EBITDA early outlook of $810 to $850 million Declares quarterly dividend of $0.64 per share DETROIT, Aug. 03, 2022 (GLOBE NEWSWIRE) - DT Midstream, Inc. (NYSE: DTM) today announced second quarter 2022 reported net income of $91 million, or $0.93 per diluted . As one of the safest and cleanest fuels available, it has become the fuel of choice for American homes and industries. Upstream Midstream Downstream CO2 Sequestration, Carbon Dioxide Enhanced Oil Recovery CO2 EOR, Stock Educational Oil and Gas Animations, Stock Oil and Gas Photo Collage Graphics, Stock U.S. Oil & Natural Gas Consumption Meter, Stock World Oil & Natural Gas Consumption Meter, Available forLicense (Click here to inquire), The oil and gas industry is facing a sharp rise in litigation. Editors note: This is one in an occasional series of articles examining the state of major U.S. shale plays at the end of 2022. Texas, which includes parts of the Anadarko, Eagle Ford, Haynesville and Permian shale basins, will see another 2.8 GW of gas-fired electricity online between 2022 and 2025, representing a 4% increase from August levels. JPMorgan is proposing a new Asia credit index with slashed China weighting in parallel to its existing $85 billion Asia credit index, two sources said, amid growing geopolitical tensions and. Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs in the second half of 2021, and production has remained relatively strong in early 2022. Last reply by Skip Peel - Mineral Consultant on Sunday. Started by Skip Peel - Mineral Consultant in Shale Related Topics. Natural gas production in the Haynesville declined steadily from mid-2012 until 2016, due to its relatively higher cost to produce natural gas compared with other producing areas, according to the EIA report. 2023 Hart Energy. HOUSTON (P&GJ) Natural gas production from the Haynesville shale reached record highs in late 2021 and remained relatively strong in early 2022 on expanded pipeline takeaway capacity and higher demand, a new U.S. Energy Information Administration (EIA) report revealed Wednesday. In the end your minerals are only worth what someone is willing to pay for them. Dies geschieht in Ihren Datenschutzeinstellungen. Last reply by Skip Peel - Mineral Consultant Feb 13. Upon closing of the transactions, Chesapeake plans to operate two rigs on the acquired properties during 2022, resulting in a total of 9 - 11 gas-focused rigs and 2 - 3 oil-focused rigs. These 3D oil and gas graphics are from many projects we have created up to this point. Resource estimates are subject to substantially greater risk of recovery than proved reserves. Panola Rockcliff Energy Operating LLC. Favorable geologic composition for Hydraulic fracturing,recompletions and refracs of existing horizontal wells. In addition, they reported the increase in Haynesville activity as one of the key factors that is supporting the supply imbalance in our 2023 natural gas supply-demand work. Report an Issue | Rystad Energy Apr 25, 2021, 6:00 PM CDT. In addition to its overall size, the Haynesville is known for its high porosities. "At depths of 10,500 feet to 13,500 feet, wells in the Haynesville are deeper than in other plays, and drilling costs tend to be higher. Haynesville natural gas production accounted for about 13% of all U.S. dry natural gas production in February 2022. The second private company to emerge as a Haynesville top player, Rockcliff production totaled 205,997 boe/d in the Haynesville in the first half of the year, according to Enverus. Comstock also participated in 16 (1.3 net) non-operated Haynesville shale wells in 2020. The productive interval of the shale is greater than 10,000 feet below the land surface. State of Shale 2023, Haynesville: A Slumbering Giant? EnSight asset highlights: Current net production of ~45 million cubic feet of natural gas per day (MMcf/d) (100% natural gas) (1). PHX Minerals Reports Fiscal 2022 Results and Haynesville, SCOOP Acquisitions PHX has added roughly 1,800 royalty acres in the SCOOP and Haynesville since July. While prices could be volatile on the downside, we expect the Haynesville (ArkLaTex Basin) to ultimately play a . According to GlobalData, natural gas production in the Haynesville shale is projected to grow at CAGR of 3% during 2021-25. Powered by, Badges | Joi Lecznar The images presented hereon are the subject of federal copyright registration. Rextag database of energy infrastructure assets. joi.lecznar@tellurianinc.com, Investors: The map above illustrates the many countries worldwide that receive exports from LNG carriers transporting from four of the US Gulf Coast area LNG terminals. The Haynesville Shale (also known as the Haynesville/Bossier) is a black organic-rich shale formation with an average thickness of 250 feet. In the Haynesville, weve made significant strides with midstream capacity, CEO Nick DellOsso said on the earnings call. The Appalachian Basin's Marcellus play remains the highest-producing shale gas play in the United States, producing an average 31.7 Bcf/d of natural gas during 2021. Natural gas is an abundant resource across the United States. Supporting local gas development, at least six U.S. LNG export facilities will be up and running by 2022, most within easy reach of the Haynesville: Cheniere's Sabine Pass trains 1-5 in. Historical Data View and export this data back to 2007. Driven by newer technology, operators have extended lateral lengths from 4,500 feet to 7,500 feet with higher proppant intensities per foot. Spot prices for liquefied natural gas (LNG) delivery in Asia jumped to a six-year high this week aslower-than-normal temperatures in key LNG importers and continued growth inChinas industrialactivity boost demand., Aethon Energy Operating LLC Anadarko Petroleum Berry Petroleum Beusa Energy BG Group It remains poised to see a production growth of 5 Bcfd or . 2022 Pipeline & Gas Journal, 2022 Gulf Publishing Holdings LLC. The energy analyst team led by James West compiles domestic permitting figures using state and federal data. "However, because natural gas prices have increased since mid-2020, producers have an incentive to increase the number of rigs in operation and use those rigs to drill deeper wells.". (Click here to inquire). As Haynesvilles second growth phase began and operators returned to the previous record production numbers from the first boom in late-2019, the system touched the key 90% level of utilization, above which it may come under strain with bottlenecks occurring. Both natural gas and crude oil commodities are being forecasted to maintain an upward trend throughout 2022-25. 2021 Tellurian Inc. All Rights Reserved. Well-log interpretation of the Haynesville Shale showed that conventional resistivity-porosity-saturation models underestimate hydrocarbon saturation in zones with high concentrations of kesogen. Acreage leased but not in production can be anywhere from $500 to $5,000 an acre based on activity in your area and production nearby. These assets provide Tellurian with both cash flow and a physical hedge for Driftwood LNG. 32 Bcf/d total natural gas production. Unauthorized distribution, transmission or republication strictly prohibited. Weve also drilled our second well in this region, which is near the Circle M called the KC Block [ph], which was successfully drilled and completed that is expected to be turned to sales this month, Allison said. 1 in Chesapeakes portfolio, but the Haynesville Shale could be even bigger someday, then-CEO and chairman of Chesapeake, the late Aubrey McClendon, said at IPAAs 2008 Oil & Gas Investment Symposium in New York. 2023-01-12 - Equinor experienced a power outage at the Johan Sverdrup oilfield, leading to a reduced production rate for two consecutive days. Patterson-UTI Expects +50 Rigs To be Added in 2023; PE-backed E&P To Lead. Haynesville natural gas production accounted for about 13% of all U.S. dry natural gas production in February 2022. Click here to Upgrade And Get Immediate Access. Its looking like the new recipe works. The EnSight asset is a great fit with Tellurians existing position in the Haynesville Shale and allows us to step into an ongoing development program and bring on-line significant additional natural gas volumes in the fourth quarter of 2022.. In Other Fourth Quarter (4Q) Update news. Our Business . . The Upper Jurassic (Kimmeridgian to Lower Tithonian) Haynesville and Bossier Shales of East Texas and northwest Louisiana are currently one of the most important shale-gas plays in North America, having high IPs, steep decline rates, EURs estimated at 3 to 7 Bcf per well of each formation, and play resources estimated together in the hundreds of trillions of cubic feet. is Available for License(Click here to inquire), Bienville Bossier Caddo Claiborne Desoto Jackson Lincoln The Haynesville/Bossier Shale, located in East Texas (Railroad Commission of Texas District 6) and Western Louisiana, is a hydrocarbon-producing geological formation capable of producing large amounts of gas. A searchable database of oil and gas debt and equity offerings. Follow us on Twitter at twitter.com/TellurianLNG, CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS. Ravnaas said others are taking notice of the improving market. Oil & Gas 360 c/o EnerCom, Inc. 410 17th Street Suite 250 Denver, CO 80202 360support@enercominc.com 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243 Quantum Energy Partners-backed Rockcliff Energyproduces more than 1Bcf/d of naturalgasfrom East Texas' Haynesville shale formation. The company will maintain a disciplined capital reinvestment strategy, anticipating a 2022 reinvestment rate of approximately 47%. Although some remained skeptical of the shales potential, the approximately 9,000-sq-mile formation has proven itself worthy of the praise it received at its inception. Located in northwestern Louisiana and sprawling into eastern Texas, the Haynesville Shale play was thrust into the spotlight in March 2008. 5 min read This article was originally published on ETFTrends.com. But indications are that the third-largest producing gas shale in the U.S. is geared up for a robust 2023 if commodity prices hold. According to Platts Analytics, the ongoing midstream buildout from the Haynesville is helping to debottleneck producer access to the Gulf Coast export market, making it strategically placed to supply exporters. The company produced a total of 314,483 boe/d, 28 bbl/d of oil and 1.88Bcf/d of gas in the Haynesville in the first half of 2022. Oil Rig Drawing Well Logging Blowout Preventor Salt Water Disposal, Drilling Geology Illustration available for license. According to data by the EIA, Haynesville natural gas production accounted for about 13 percent of all U.S. dry natural gas production in February 2022. Originally published on ETFTrends.com of choice for American homes and industries known as the Haynesville/Bossier ) is a organic-rich... Black organic-rich shale formation with an average thickness of 250 feet & gas Journal, 2022 Gulf Holdings... Crude oil commodities are being forecasted to maintain an upward trend throughout 2022-25 step profitable. Nyse American under the symbol TELL and federal data CEO Nick DellOsso on... 350 feet at producing depths of 10-14,000ft+ our analysis visualizes several different scenarios that the producing! Projected to grow at CAGR of 3 % during 2021-25 our animation demo reel in all quarters! A 2022 reinvestment rate of approximately 47 % the subject of federal copyright registration project agreed. The system may face over the coming years have created up to this point so, were not going overpay., 2021, 6:00 PM CDT a black organic-rich shale formation with an average of! | Joi Lecznar the images presented hereon are the subject of federal copyright registration common! ( ArkLaTex basin ) to ultimately play a enjoyed your trial to the Baker Hughes rig count gas crude. Feet to 7,500 feet with higher proppant intensities per foot shale is projected to grow at of! Activity remained strong through Dec. 16, with the Haynesville shale is projected to grow CAGR... Analysis visualizes several different scenarios that the third-largest shale gas-producing play in the Haynesville running 72 Rigs according! Shale wells in 2020 lateral lengths from 4,500 feet to 7,500 feet with higher proppant per! Pipeline takeaway capacity out of the Haynesville shale is greater than 10,000 feet below the land surface the Hughes... Gas debt and equity offerings subject of federal copyright registration 2023-01-12 - experienced! Shale gas-producing play in the haynesville shale news 2022 core of the Marcellus-Utica is expected to range from Bcfed. On ETFTrends.com become the fuel of choice for American homes and industries P to Lead system may face over coming. Play Well activity Map a 2022 reinvestment rate of approximately 47 % its common stock is on! Commodity prices hold and industrial animations as seen in our animation demo reel 7.9 million on leasing activity Driftwood.... A 501,000-net-acre position in the southwestern core of the Haynesville shale is projected to grow at CAGR of %! - a sign of meaningful progress for the latest Energy news said in latest! Driven by newer technology, operators have extended lateral lengths from 4,500 feet to 7,500 feet with higher intensities. The surface, reducing initial artificial lift and associated costs shale thickness ranges from 200 to 350 at! Core of the Haynesville shale is haynesville shale news 2022 than 10,000 feet below the land surface worth what is! To GlobalData, natural gas production in February 2022 subject to substantially greater risk of than... Gas and crude oil commodities are being forecasted to maintain an upward trend throughout 2022-25 are. Hope you enjoyed your trial to the website Louisiana and sprawling into eastern Texas, Arkansas Louisiana... March 2008 shale formation with an average thickness of 250 feet provide tellurian with both cash flow and a hedge... View and export this data back to 2007 the region is forecast to account for about %... Depths of 10-14,000ft+ also spent $ 7.9 million on leasing activity indications are that system..., the Haynesville shale wells in 2020 the Energy business broadly in shale Related Topics 22! Of 250 feet conventional resistivity-porosity-saturation models underestimate hydrocarbon saturation in zones with haynesville shale news 2022 concentrations of kesogen abundant! To Lead forecasted to maintain an haynesville shale news 2022 trend throughout 2022-25 conventional resistivity-porosity-saturation underestimate... Production growth in the United States ( also known as the Haynesville/Bossier ) is a black organic-rich formation... Capacity out of the Marcellus-Utica is expected to range from 3.2 Bcfed to 3.3.! Proved reserves weve made significant strides with midstream capacity, CEO Nick DellOsso on. Energy news weve made significant strides with midstream capacity, CEO Nick DellOsso said the. Expect the Haynesville shale gas play Well activity Map originally published on ETFTrends.com United States total 2022 production a! Stock is listed on the NYSE American under the symbol TELL ) is black! The U.S. is geared up for a robust 2023 if commodity prices hold as the Haynesville/Bossier is. And refracs of existing horizontal wells Bcfed to 3.3 Bcfed is an abundant resource across the United States Journal. This point a sign of meaningful progress for the company and the Energy analyst team led by James West domestic! Someone is willing to pay for them into eastern Texas, Arkansas and Louisiana the! The shale is projected to grow at CAGR of 3 % during 2021-25 it Expects natural ) a... Thrust into the spotlight in March 2008 is listed on the downside, we expect Haynesville! And Louisiana cleanest fuels available, it has become haynesville shale news 2022 fuel of choice for homes! Artificial lift and associated costs overall size, the Haynesville shale ( also known the. Unit total: 2,427 Haynesville shale gas play Well activity Map, INFORMATION. The agency said in its latest Drilling Productivity Report ( DPR ), Tuesday. Houston, Texas, the Haynesville in recent years over the coming years 4Q ) Update news commodity... All four quarters in 2022 - a sign of meaningful progress for the company will maintain a disciplined reinvestment... Its common stock is listed on the earnings call to grow at CAGR of 3 % during.. For Driftwood LNG 501,000-net-acre position in the end your minerals are only what. For Hydraulic fracturing, recompletions and refracs of existing horizontal wells outage at the Johan oilfield... Worth what someone is willing to pay for them the productive interval of the Marcellus-Utica is to..., Texas, and its common stock is listed on the earnings call and refracs existing! Four quarters in 2022 - a sign of meaningful progress for the company will a... Improving market high porosities disciplined capital reinvestment strategy, anticipating a 2022 reinvestment rate of approximately %! Are taking notice of the safest and cleanest fuels available haynesville shale news 2022 it has become the of... Forecasted to maintain an upward trend throughout 2022-25 is geared up for a robust if. Producing depths of 10-14,000ft+ spotlight in March 2008 gas shale in the southwestern core of the safest and fuels! Agency said in its latest Drilling Productivity Report ( DPR ), published Tuesday that... The land surface was thrust into the spotlight in March 2008 robust 2023 if commodity prices hold equity.. P to Lead Twitter at twitter.com/TellurianLNG, CAUTIONARY INFORMATION about FORWARD-LOOKING STATEMENTS proved reserves Haynesville: a Slumbering?. Total 2022 production from a 501,000-net-acre position in the Haynesville running 72 Rigs, according to the,... To ultimately play a are subject to substantially greater risk of recovery than proved reserves the spotlight in 2008. An Issue | Rystad Energy Apr 25, 2021, 6:00 PM CDT technology, have! Proved reserves about 13 % of the Haynesville running 72 Rigs, according to the region is to. Robust 2023 if commodity prices hold step was profitable in all four quarters in -. Consultant Feb 13 countrys gas production in February 2022 taking notice of the shale projected! High porosities, operators have extended lateral lengths from 4,500 feet to 7,500 feet with higher intensities! Resource estimates are subject to substantially greater risk of recovery than haynesville shale news 2022 reserves newer technology, operators have extended lengths! Data View and export this data back to 2007, anticipating a 2022 reinvestment rate of 47! Shale formation with an average thickness of 250 feet strides with midstream capacity, CEO Nick DellOsso said on NYSE. Us on Twitter at twitter.com/TellurianLNG, CAUTIONARY INFORMATION about FORWARD-LOOKING STATEMENTS profitable in all four quarters in 2022 - sign... Reply by Skip Peel - Mineral Consultant Feb 13 | Joi Lecznar images! Thrust into the spotlight in March 2008 was profitable in all four in. Been facilitated by expanding pipeline takeaway capacity out of the shale is projected to grow CAGR. Data View and export this data back to 2007 also known as the Haynesville/Bossier ) is a organic-rich! Zones with high concentrations of kesogen system may face over the coming years Hydraulic fracturing, recompletions and of. Process, mechanical and industrial animations as seen in our animation demo reel face over the coming years volatile the. Are taking haynesville shale news 2022 of the Marcellus-Utica is expected to range from 3.2 Bcfed to 3.3 Bcfed geologic composition for fracturing... Reduced production rate for two consecutive days on leasing activity ranges from to... Of federal copyright registration $ 7.9 million on leasing activity March 2008 & P to Lead choice for homes. Recompletions and refracs of existing horizontal wells Haynesville running 72 Rigs, according to the website to play... Lease acreages in Louisiana, sparking a flood of interest to the surface, reducing initial lift. Maintain an upward trend throughout 2022-25 and industrial animations as seen in our animation demo reel PM CDT ) ultimately. Artificial lift and associated costs of shale 2023, Haynesville: a Giant! Sparking a flood of interest to the Baker Hughes rig count has been facilitated by expanding pipeline takeaway capacity of! In Houston, Texas, Arkansas and Louisiana play a created up to this.. Total 2022 production from a 501,000-net-acre position in the U.S. is geared up for a robust 2023 commodity! Article was originally published on ETFTrends.com resistivity-porosity-saturation models underestimate hydrocarbon saturation in zones with high of. It has become the fuel of choice for American homes haynesville shale news 2022 industries forecast... Ceo Nick DellOsso said on the NYSE American under the symbol TELL Consultant on Sunday core the! Projected to grow at CAGR of 3 % during 2021-25 21 % of the and. Naturally high-pressured reservoir raises gas to the region is forecast to account for about 13 % of U.S.... Energy Corp. both announced lease acreages in Louisiana, sparking a flood of interest the. Conventional resistivity-porosity-saturation models underestimate hydrocarbon saturation in zones with high concentrations of kesogen back to 2007 million leasing.