An article on the NOLA.com website reports on the economic benefits that natural gas from the Haynesville Shale as brought to Louisiana. The Shreveport Times website reports on two new reality shows [1] that focus on lifestyle changes brought to the area by natural gas money.
[1] http://www.shreveporttimes.com/article/20120120/ENT/201200324/2-new-CMT-reality-shows-feature-NW-Louisiana-residents?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE
More at NOLA.com.
Many property owners are very surprised when the royalties that they receive from a natural gas well on their property decline sharply. They are learning about production decline curves.
More at Geology.com.
An article in the New York Times reviews some potential rewards and problems that occur when a landowner decides to lease his property for oil and and gas development.
Related: Mineral Rights [1]
[1] http://geology.com/articles/mineral-rights.shtml
More at New York Times.
Is natural gas part of the shale or is it a fugitive commodity that is not an integral part of any specific rock unit? Will a refined legal definition of natural gas in Pennsylvania overturn thousands of historic leases?
More at Business Week.
In Louisiana, a pipeline carries treated waste water from a paper mill to a natural gas field in the Haynesville Shale. The water is being recycled for hydraulic fracturing instead of being discharged into the Red River.
More at UpstreamOnline.com.
Arkansas has two significant natural gas plays in the Haynesville and Fayetteville Shales. A proposal to significantly increase the natural gas severance tax to 7% has some companies threatening to drill in other states.
More at TodaysTHV.com.
The Baker Institute for Public Policy at Rice University has published a report titled: “Shale Gas and U.S. National Security”. “This study assesses the impact of U.S. domestic shale gas development on energy security and U.S. national security, with emphasis on the geopolitical consequences of rising supplies of U.S. natural gas from shale and the implications for U.S. foreign policy.” Quoted from the report summary.
BHP Billiton, the world’s largest mining company headquartered in Australia, has agreed to purchase Petrohawk Energy for $12.1 billion. Petrohawk is an independent oil and natural gas company with a focus on exploration and production of shale plays within the United States. The company has significant activity in the Haynesville, Lower Bossier and Eagle Ford Shales of Texas and Louisiana.
More in the Petrohawk press release.
An article on the ShreveportTimes.com website considers the industry activity and environmental impact associated with the injection of salt water waste produced by drilling for natural gas in the Haynesville Shale.
A post on the Seeking Alpha blog details how successful Chesapeake Energy has been at rapidly leasing enormous acreages in all of the major natural gas shale plays in the United States. They author calls them a “land acquisition machine”.
Heckman Water Resources will become the operator of the largest fleet of LNG trucks in North America as they purchase 200 Peterbilt vehicles that will be used to haul water for Encana’s Haynesville Shale drilling operations. Encana will provide the LNG from a mobile refueling station. More in the Oil and Gas Journal.
The Energy Information Administration recently reported that production from the Haynesville Shale had surpassed Barnett Shale production. Now, energy statisticians are arguing over the numbers. More at Platts.com.
A photo on the NOLA.com website shows a natural gas drilling pad with twenty high pressure pumping trucks being connected to the well. Haynesville Shale near Mansfield, Louisiana.
According to an article in the Houston Chronicle, the Haynesville Shale of Louisiana is now producing more natural gas than the Barnett Shale of Texas, running at a rate of about 5.5 billion cubic feet per day.
An article in the Houston Chronicle titled: “We Can Minimize Negative Side-Effects of Shale Drilling” explores some ways to mitigate some of the problems encountered in developing the Barnett Shale, Eagle Ford Shale and Haynesville Shale in Texas.
Mainland Resources announced that they spent $9.5 million to drill a Haynesville Shale well to 22,000 feet, recover 21 feet of Haynesville core from a depth of 20,415 feet and set production casing. This was one of the deepest on-shore wells drilled during 2010 and may be the deepest production casing ever set in a gas shale play. The well was drilled in Jefferson County Mississippi.
The public has been drilling Google for information on the natural gas shales that have been making news across the country. Geology.com has a short blog post that teaches you how to drill Google to learn how much interest the public has in natural gas – or any other topic.
SeekingAlpha.com has a really interesting article on the wellhead side of natural gas economics that most people will be able to read and understand. The title is: “Estimating the Breakeven Costs of Shale Gas“.
The Energy Information Administration has published a map that shows the increase in wet natural gas proved reserves by state for 2008-2009. There were huge increases for the states with large shale gas plays such as Marcellus Shale, Haynesville Shale, Fayetteville Shale, Eagle Ford Shale and the Barnett Shale.
More and more companies involved in the natural gas shales industry are working with emergency first responders to create training opportunities. These benefit everyone. Here is an article in the ShreveportTimes about a company, a nonprofit foundation and first responder groups working together.
A new documentary about the Haynesville Shale gas play titled: “Haynesville: A Nation’s Hunt for an Energy Future” will have its first television premiere on Tuesday. More in the ShreveportTimes.com.
Chesapeake Energy is working to get an LNG export terminal at their Sabine Pass, Louisiana facility. There they can receive gas from their Haynesville, Barnette and Eagle Ford fields and prepare it for shipment to other countries where the price of gas is much higher. More at PennEnergy.com.
Is there another Marcellus Shale or Haynesville Shale waiting to be discovered somewhere in the United States? Aubrey McClendon, CEO of Chesapeake Energy believes that the important basins have been thoroughly investigated. More at RigZone.com.
Chesapeake Energy is working to get an LNG export terminal at their Sabine Pass, Louisiana facility. There they can receive gas from their Haynesville, Barnette and Eagle Ford fields and prepare it for shipment to other countries where the price of gas is much higher. More at PennEnergy.com.
An article on the 2theadvocate.com website reports that the Haynesville Shale generated a lot of economic activity in Louisiana – $5.7 billion in new household income, $10.6 billion in new business sales and over 57,000 new jobs.
Have you seen ShaleCountry.com, prepared by American Clean Skies Foundation?
“Given all the energy buzz about shale gas, as well as the environmental concerns, we wanted to find an engaging way to share the actual day-to-day experiences of people living in the areas where the gas is being produced – the Haynesville shale in Louisiana, the Fayetteville in Arkansas, and the Marcellus in New York and Pennsylvania.” Quote from the “About ShaleCountry.com” page.
Lafayette, Louisiana will start converting its fleet of buses and public works vehicles to natural gas. Much of that gas will likely come from the Haynesville Shale. More at the Daily Comet.
An article in TheNewsStar.com reports on a 42-inch pipeline being built by Energy Transfer Partners across Northern Louisiana to carry natural gas produced from the Haynesville Shale to eastern markets.
Energy Transfer Partners is building pipelines in Texas and Louisiana to carry natural gas produced from the Haynesville Shale. More in an article at UPI.com.
An abundance of natural gas in the Louisiana-Texas-Arkansas area has prompted Cheniere Energy to consider building the first LNG (liquefied natural gas) export terminal in the conterminous United States. More at Businessweek.com
