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.

Oil And Gas Boom Plays In The USA And Canada

Antrim Shale ANWAR Oil Shale - Austin Chalk - Avalon Shale -Bakken Oil Shale - Barnett Shale- Bone Spring - Bossier Shale -Brazil Oil Field - Cardium Shale - Chainman Shale - Chattanooga Shale -Collingwood Shale - Cumnock Shale - Duvernay Shale -Eagle Ford Shale - Exshaw Shale - Fayetteville Shale - Granite Wash - Green River Basin Oil Shale - Haynesville Shale - Horn River Shale - Huron Shale - Kern County Oil Field - Leonard Shale- Marcellus Shale - Monterey Shale - Montney Shale -Niobrara Shale - Permian Basin - Piceance Basin - Smackover Brown Dense Formation - Spraberry Field - Tuscaloosa Marine Shale -Utica Shale - Wolfberry Trend - Wolfcamp Shale - Woodford Shale -Oil Sands - China Shale - Mineral Rights - Index of Shale

Monday, July 18, 2011

Texas Passes Hydraulic Fracturing Law as Oil and Gas Industry Cheers

Texas Governor Rick Perry signed into law Friday a bill requiring companies drilling and developing the vast shale playsacross the state to publicly disclose hydraulic fracturing components.

Home to the prolific Eagle Ford Shale, Haynesville Shale, Barnett Shale and Permian Basin, Texas is the first state in the Union to require companies to make ingredients of the hydraulic fracturing fluids public. 

Hydraulic fracturing is a well completion method that uses water, sand and chemicals to crack tight formations of oil and gas, allowing hydrocarbons to be produced more easily. The law requires full disclose of the chemical composition of the fracking fluids on a well-by-well basis, while protecting confidential business information, in an effort to establish a clear model for other states to follow.

“My hope is that this bill takes some of the mystery out of the fracturing process,” said Texas House Committee on Energy Resources Chair Rep. Jim Keffer. “The oil and gas industry is vital to our economy, and the use of this technology is an important tool to increase domestic energy production. I believe the industry can coexist with the people of Texas, and this bill strikes a balance between creating a sustainable market for business and ensuring the health and safety of the public.” 
House Bill 3328 was passed in the 82nd Session of the Texas Legislature at the end of May, and Gov. Perry signed the hydraulic fracturing bill into law on July 15. 

Source: Penn Energy
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