Shale News

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Advocate: Louisiana’s Tuscaloosa, Haynesville shales hampered by oil, natural gas prices

The Advocate reports: Drillers are closing in on the most efficient and consistent way to produce oil from the Tuscaloosa Marine Shale across Louisiana’s midsection, but low prices will strongly affect drilling activity. Likewise, natural gas prices will hamper activity in the Haynesville Shale in northwest Louisiana until proposed export terminals are operating, energy summit […]

By October 23, 2014 0 Comments Read More →

EE News: How do you survive a gas boom and bust? For starters, pay in cash

EE News reports: MANSFIELD, La. — Local officials in the Haynesville Shale believe they’ve unlocked the secret for successful spending of gas boom wealth. The approach? Invest quickly in health, safety and education, and squirrel away the rest for a rainy day. “Just because we have it don’t mean we have to spend it,” DeSoto […]

By October 20, 2014 0 Comments Read More →
NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com reports: A Houston energy investment firm will pay nearly $275 million for thousands of acres of legacy oil and natural gas fields located along the eastern edge of the Haynesville Shale in north Louisiana. The deal is the latest in a string of purchases that signal renewed investor interest in the area. Vanguard Natural […]

By September 4, 2014 0 Comments Read More →

Reuters: Refracking brings ‘vintage’ oil and gas wells to life

Reuters reports: NORTH DAKOTA Aug 20 (Reuters) – A fracking boom isn’t enough for U.S. oil and gas producers – they’re now starting the re-fracking boom. Wells sunk as little as three years ago are being fracked again, the latest innovation in the technology-driven shale oil revolution. Hydraulic fracturing, which has upended global energy markets […]

By August 21, 2014 0 Comments Read More →
WSJ: Blackstone Nears Deal For Shell’s 50% Haynesville Shale Stake

WSJ: Blackstone Nears Deal For Shell’s 50% Haynesville Shale Stake

The Wall Street Journal reports: Private-equity firms, which for years have counted energy as one of their most lucrative investing sectors, have been snapping up oil-and-gas reserves in recent months. Above, a natural gas well in Stonewall, La. The Shreveport Times/Associated Press Blackstone Group BX +1.07% LP is nearing a deal to acquire Royal Dutch […]

By August 11, 2014 0 Comments Read More →
Advocate: Shell may sell stake in Haynesville Shale

Advocate: Shell may sell stake in Haynesville Shale

The Advocate reports: Blackstone Group LP is close to inking a billion-dollar deal for Royal Dutch Shell PLC’s half of 350,000 acres leased in north Louisiana’s Haynesville Shale, according to the Wall Street Journal. Shell is part of a joint venture in the natural gas formation. the deal would be the latest in which a […]

By August 11, 2014 0 Comments Read More →

Helis showcases fracking site, safety plans

A little yellow stake, surrounded by acres of trees near I-12 and Hwy. 1088 in Mandeville, is where Helis Oil says the center of its fracking well operation will take place, if it’s given the OK. The company took Eyewitness News on a tour of the planned well pad area Wednesday to lay out the […]

By July 31, 2014 0 Comments Read More →

Tangipahoa’s fracking attitude much healthier than St. Tammany’s: James Varney

To judge by some of the NOLA.com comments to Robert Rhoden’s illuminating look at fracking in Tangipahoa Parish, some folks just don’t know what’s bad for them. It is always thus with our elites. Rhoden’s trip through Tangipahoa Parish uncovered few people distraught at the prospect of more energy and personal enrichment. Those dumb hicks, […]

By July 31, 2014 0 Comments Read More →

The future is bright for Bossier

In 2008, the Haynesville Shale natural gas play came on the scene and had a voluminous economic impact upon our entire region. Our city and parish has also experienced tremendous retail, restaurant and residential growth since the turn of the century. In turn, This has resulted in the growth and expansion of a multitude of […]

By July 31, 2014 0 Comments Read More →

Forecasts for higher oil prices misjudge the shale boom: Kemp

“The world of energy may have changed forever,” according to Professor James Hamilton of the University of California. “Hundred dollar oil is here to stay.” Hamilton, who is one of the most respected economists writing about oil, made his bold prediction in a paper on “The Changing Face of World Oil Markets”, published on July […]

By July 30, 2014 0 Comments Read More →