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Future of the Haynesville Shale?
Source info:
| Author: | |
|---|---|
| Date: | 2014-04-13 13:35:00 |
| Blog: | Geology.com News  |
| URL: | http://feedproxy.google.com/~r/Geologycom/~3/3llAbmZLOrE/future-of-the-haynesville-shale.shtml |
Summary:
Natural gas drilling activity in the Haynesville Shale was booming in 2010 but has fallen significantly since then. The fall occurred as natural gas prices fell from $12 down to $2. Companies started drilling there with a high income assumption. After the price fall, drillers could make more money drilling liquid and oil-rich plays because […]Content analysis:
Geographic context:
| Location | Country | Latitude | Longitude |
|---|---|---|---|
| Haynesville | US | 32.9673 | -93.1367 |
Keywords:
Companies, drillers, gas drilling activity, Haynesville Shale, high income assumption, natural gas, natural gas prices, oil-rich plays, price fall
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