• 5 minutes Drone attacks cause fire at two Saudi Aramco facilities, blaze now under control
  • 7 minutes China Faces Economic Collapse
  • 11 minutes Oil Production Growth In U.S. Grinds To A Halt
  • 13 minutes Iran in the world market
  • 15 minutes Ethanol, the Perfect Home Remedy for A Saudi Oil Fever
  • 17 minutes Experts review Saudi damage photos. Say Said is need to do a lot of explaining.
  • 3 hours Saudis Confirm a Cruise Missile from Iranian Origin
  • 3 hours Let's shut down dissent like The Conversation in Australia
  • 13 hours Trump new National Security Advisor. Trump easily manipulated.
  • 11 hours Is It Time To Invest In Offshore Drillers?
  • 34 mins Pompeo: Aramco Attacks Are An "Act Of War" By Iran
  • 17 hours Aramco Production
  • 13 hours The Spy Money: U.S. Wants To Seize All Money Edward Snowden Makes From New Book
  • 8 hours Trump Will Win In 2020 And Beyond..?
  • 6 hours Democrats and Gun Views
  • 1 day USA Wants Iran War -- Shooty Shooty More
  • 1 day The Belt & Road Initiative: A Wolf in Sheep's Clothing?
Alt Text

U.S. And Russia Battle It Out Over This Huge Iraqi Gas Field

The geopolitically strategic gas field…

Alt Text

Moscow Fuels Artic LNG Race With Billions Of Dollars

Russia’s largest private natural gas…

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

This Legendary Shale Basin Just Broke Its 2011 Production Record

The Haynesville Shale in northeastern Texas and Louisiana is producing 10.522 billion cubic feet per day of natural gas this month, and is expected to produce even more next month, beating the previous production record of 10.4 billion cu ft/day from back in 2011.

According to this month’s Drilling Productivity Report by the EIA, natural gas production from the Haynesville shale is expected to rise to 10.754 billion cu ft/day in May.

Among the key shale plays in the U.S., Haynesville currently ranks third in terms of natural gas production after the Appalachia basin with the Marcellus and Utica shale plays and the Permian region, where associated gas production has been surging alongside booming crude oil production over the past year.

Those three regions accounted for almost half of America’s natural gas production in the middle of last year, compared to less than 15 percent of total U.S. natural gas output in 2007, the EIA said in August 2018.

Production in the Haynesville region started to rebound in 2017, driven by improving initial production rates and increasing rig counts, the EIA said.

The main reason for the resurgence for the Haynesville Shale is its proximity to the U.S. Gulf Coast—home of a growing number of liquefied natural gas (LNG) export terminals. Another driver of Haynesville’s renaissance is the productivity gains achieved in the past decade, according to the EIA. Related: The Giant Floating LNG Project You’ve Never Heard Of

Between 2013 and 2016, production at the Haynesville dropped due to the higher relative production costs compared to the Marcellus, for example, because the Haynesville formation lies at depths of 10,500- 13,500 feet, much deeper than the Marcellus depths of between 4,000 feet and 8,500 feet, the EIA says.

As early as in January this year, Rystad Energy said that the Haynesville Shale would soon reach record-high natural gas production levels.

“We conclude that Haynesville Shale’s revival, for the second year in a row, looks sustainable. Supported by its proximity to a new LNG export terminal, gas production will continue to grow, and achieving new all-time high gas production levels should happen within a matter of months,” Rystad Energy partner Artem Abramov said.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage



Leave a comment
  • Ronald Wagner on April 19 2019 said:
    Good story, and good to hear. My question is can we compete long term with other producers of natural gas. My main concern is our shipping costs versus Russia, the Middle East, and all the other producers with ever more producers coming online.

    IMHO we should be using this natural gas in America to replace diesel ASAP. The entire fleet could be easily converted to natural gas as CNG or LNG.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play