Haynesville's Gigantic Gas Resurgence Could Be A Winner In LNG Export Race
https://www.forbes.com/sites/bryceerickson1/2018/11/14/haynesvilles-gigantic-gas-resurgence-could-be-a-winner-in-lng-export-race/#129e583f1fa6Nov 14, 2018
...It’s been known for some time that the Haynesville has potential, but that is being realized further as more experience is developed among operators. For example, long lateral wells (some now stretch nearly two miles each) can produce up to 24 bcf of natural gas. Compared to the nearby Eagle Ford Shale, whose wells produce 12-15 bcf of natural gas, the Haynesville wells are big. In today’s low gas price environment, this matters quite a bit....
...The formation is more naturally pressurized than many others. This means, among other things, that more gas is produced in the first year....
...breakeven prices are currently between $2.00–$2.25 mcf. Even with price differentials of about $0.60 to Henry Hub, this provides an opportunity for profitable wells. ...
