Haynesville Shale

The Haynesville Shale is a rock formation mainly composed of consolidated clay-sized particles deposited and buried in northwest Louisiana and East Texas more than 170 million years ago during the Upper Jurassic age. It is characterized by ultra-low permeability but has a high porosity compared to other shales.

The Haynesville Shale came into prominence in 2008 as a potentially major shale gas resource. Producing natural gas from the Haynesville Shale involves drilling wells from 10,000 feet and to 13,000 feet deep. The formation is deeper in areas nearer the Gulf of Mexico. The Haynesville Shale has recently been estimated to be the largest natural gas field in the contiguous 48 states with an estimated 250 trillion cubic feet of recoverable gas. Production has boomed since late March 2008, creating a number of new millionaires in the Shreveport, Louisiana region.

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Tuesday, July 5, 2011

Appeals court overturns lease cancellation ruling


A state district court ruling that partially canceled the mineral lease of a DeSoto Parish landowner has been overturned by a state appeal court.
The landowner had sued Questar Exploration and Production Co., seeking dissolution of the lease, for failing to develop lower producing levels in areas that include the Haynesville Shale gas development in northwest Louisiana, according to The Times of Shreveport.
A judge ruled in the landowner's favor in 2010.
In a ruling released Wednesday, the state 2nd Circuit Court of Appeal said the landowner received royalties from shallow strata over the years, and that there is no evidence an operator could have begun exploration or drilling in the deep strata within the time frame in question.
"The record does not support a finding that Questar failed to act as a reasonably prudent operator for the mutual benefit of itself and its lessor" as required by state law, the court said.
Annie and Santo Ferrara own 47 acres in DeSoto Parish. The land was first leased in 1988. Santo Ferrara made a demand on Questar in August 2008 to further develop the deep rights.
He filed suit in 2008 seeking dissolution of the lease based on Questar's failure to develop the Haynesville Shale, which gained the public's attention in March 2008.
Questar did not respond to the demand letter or lawsuit. And during a two-day trial in May 2010, the company did not present any evidence on its behalf.
Adams cited the company's lack of communication in his June 2010 judgment. Adams said it was clear Questar did not intend to develop Ferrara's deep rights.

Source: The Examiner
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