Update On Haynesville -- July 18, 2017

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Title : Update On Haynesville -- July 18, 2017
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Update On Haynesville -- July 18, 2017

Active rigs:

$46.77 7/18/2017 07/18/2016 07/18/2015 07/18/2014 07/18/2013
Active Rigs 59 30 73 196 189

RBN Energy: update on Haynesville natural gas play.
For the first time in six years, pipeline flow data show that natural gas production from Louisiana’s Haynesville Shale is rising. Additionally, rig counts and producers’ plans suggest more growth is on the way. Is the play poised to create a whole new crop of Bayou Billionaires?  Or is this a head fake that will only make us long for days of Haynesville past.  Well, it depends.  Because even though the Haynesville basin is looking up, it still faces some formidable challenges, from its geology to competition from other supply regions. Today, we continue our look at Haynesville’s prospects.


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