Haynesville
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The chief operating officer of Chesapeake Energy tells the Unconventional Resources Technology Conference that small wins can pave the path to big achievements. -
The company looks to focus its efforts on getting phase one of its Driftwood LNG up and running by shedding Haynesville acreage.
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Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
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The “Western Haynesville” boasts big gas IPs with potential running room.
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The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
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Already the largest producer in the gas-rich play, Southwestern has bolstered its status with the acquisition of the third-largest producer.
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The deal represents what will become the second deployment of an all-electric fracturing fleet built by Halliburton and with power supplied by VoltaGrid's microgrid technology.
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The gas-focused producer said it will turn its attention to drilling programs on its Haynesville acreage.
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Just as US natural gas prices reach multiyear highs, Chesapeake Energy moves to become this region's largest producer.
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The deal is expected to bolster Southwestern's annual production to more than 4 Bcf/D.
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