Haynesville Shale

Louisiana Department of Natural Resources - Updated Haynesville Shale Activity

The Louisiana Department of Natural Resources (DNR) updated recent activity by the industry in the Haynesville Shale in Louisiana.

The DNR said that as of September 27, 2012, there were 2,387 Haynesville Shale wells in Louisiana, with 2,107 of these wells currently producing.  An additional 188 wells have been permitted and are waiting on completions or other services.

The DNR reported that another 92 Haynesville Shale wells have been permitted, with drilling progressing on 29 wells and no drilling activity yet on 63 wells.  A map detailing the location of these wells is here.

Louisiana - Haynesville Shale Update

The Louisiana Department of Natural Resources (DNR) recently reported an update on Haynesville Shale activity in Louisiana.

The DNR said that as of July 5, 2012, there were 2,405 total Haynesville Shale wells in Louisiana, with 2,028 of these wells currently producing.  An additional 250 wells have been permitted and are waiting on completions or other services.

The DNR said that another 127 Haynesville Shale wells have been permitted, with drilling progressing on 31 wells and no drilling on 96 wells.

SM Energy Cuts Haynesville Shale Budget For 2012

SM Energy (SM) has decided to reduce the company’s operated drilling program in the Haynesville Shale due to low prices for natural gas.

SM Energy will now spend from $35 million to $40 million in capital in the Haynesville Shale in 2012, and cut four wells from its program during the year.  The company said that once its 2012 drilling is completed, it will have approximately 80% of its operated Haynesville shale acreage held by production.