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.

Friday, September 16, 2011

New shale play in north Louisiana may hold oil,gas

Oil and gas companies are turning attention to a potential new shale play in north Louisiana, giving the state one proven and producing shale formation and two other tracts that are in the early stages of activity, according to Natural Resources Secretary Scott Angelle. Several companies have announced acquisitions of oil and gas leases in the developing Brown Dense shale formation, believed to underlie northern Claiborne, Union and Morehouse parishes, and include parts of southern Arkansas.



The reserves, long thought to be out of reach, are extracted using a technique called hydraulic fracturing, in which a mixture of water, sand and chemicals are pumped into geological formations thousands of feet below the ground to increase the flow of gas to the surface.
Houston-based Southwestern Energy Co. announced in an earnings report in July that it has leased 460,000 acres in the Brown Dense area for $150 million, or about $326 per acre. Last month, Southwestern drilled its first well in the formation in Arkansas, and the company plans to drill a well in Claiborne Parish by the end of this year.
Source: Nola 

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