2018 DUG Haynesville Conference Highlights

DUGHV Wrap Up Video

A look back at DUG Haynesville 2018


The inaugural DUG Haynesville conference and exhibition gathered 779 oil and gas professionals to hear the latest on Haynesville production from companies like Castleton Resources, Tellurian Inc., Goodrich Petroleum and more. Competing with the Marcellus and Utica, Haynesville rig count has risen 48% in 2017.

 

After a couple of dismal years for E&P's in northern Louisiana, the Haynesville Shale is "roaring back" vice president Time Beard said during the inaugural DUG Haynesville conference and exhibition's opening keynote. Beard said technological breakthroughs with longer laterals and improved completion designs have led Chesapeake to roughly 30% production growth in the Haynesville since 2016. He also pointed to an even brighter future play with the possibility for refracks and a recent "monster well" in the Bossier. 


A Look Back 2018

A Look Back at DUG Haynesville 2018 


In the past year, the Haynesville has added nearly 50% more rigs. As of February 16, 2018, operators deployed 50 rigs in the play - compared to 34 in 2017. By comparison, the Marcellus Shale is running 56 rigs, according to Baker Hughes, A GE Company. 

 

Production has also jumped with a February forecast of about 8 billion cubic feet of gas per day (cf/d) - volumes were last seen in the region in 2013, according to the U.S. Energy Information Administration (EIA). "The Haynesville was trying to find its way... and then it came roaring back when it found its thing and its thing is longer laterals, bigger completions and producing wells appropriately," said Tim Beard, Vice President of Chesapeake. 

To read the full article on Oil & Gas Investor CLICK HERE


DUG Haynesville - Tim Beard

DUG Haynesville | Opening Keynote - Tim Beard


For additional DUG Haynesville 2018 coverage: 

 

Chesapeake Energy Executive: 'Haynesville Hot Again'

Comstock's Target: 'Making The Haynesville Great Again' 

Analyst: Reviving Haynesville Faces Stiff Competition 

Interview: Turnham Talks Haynesville Growth 

Interview: Tellurian - Haynesville-Bossier Gas Output is Sufficient 

Interview: Comstock Resources, Jay Alison Talks Return of Haynesville Shale 

 

DUG Haynesville - Networking Luncheon

DUG Haynesville 2018 Networking Luncheon