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Shale Play Land Deal Prices Hit New Highs in 2011

by Kenneth E. DuBose on January 2, 2012

The price to play the shale play game increased at a brisk pace in 2011. Prices in the Eagle Ford Shale and Utica Shale  went to levels not seen before 2011. Typical Eagle Ford Shale deals were hopping along at a few thousand dollars per acre until Chesapeake and CNOOC reached a JV agreement in the […]

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Petrohawk Building Shreveport Office

by Kenneth E. DuBose on July 11, 2011

Petrohawk is building a Haynesville Shale office in Shreveport. The Haynesville Shale was welcomed in Northern Louisiana during the economic downturn and it looks as if the city of Shreveport will continue to benefit as more and more companies add offices there. “The Shreveport area certainly has not been immune to the recession that gripped […]

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Natural Gas Prices Tough for Shale Gas Producers

by Kenneth E. DuBose on July 4, 2011

Shale gas producers are hurting from low natural gas prices and the forward curve for prices are trading around $4.50 for the remainder of the year.  Natural gas prices at this level will provide incentive for operators to continue drilling for better priced oil and NGLs.  The best remedy for low prices is low prices, […]

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Petrohawk sells 50% of its North Louisiana Haynesville Shale midstream operations to Kinder Morgan for $875 million.  The assets are expected to have gas throughput of 800 mmcfd by year-end 2010. “The oil and gas explorer cited low gas prices for the sale of stake in Haynesville shale gathering and treating business, and said it […]

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