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Haynesville Shale
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
Tuesday, October 25, 2011
FEATURE: US' Barnett, Haynesville gas output rising even at low price
Historically, an area's rig count and the rise or fall of its output showed a rough correspondence. But in unconventional plays in the past several years, new drilling mechanics and technology to wrest larger
Source: Platts
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