The Haynesville is the second-most productive shale gas play in the US behind the Marcellus. Unlike its prolific cousin, the play has offered operators limited opportunity for higher value liquids production. But in Panola County, Texas the Hayesville Combo has emerged as an attractive liquids-rich opportunity. Our initial analysis shows that the economics of Combo wells rival the best the play has to offer, with rates of return that exceed 20%.
Table of contents
Dry gas activity in the Haynesville focused on Caspiana Core
Unique liquids-rich area of the Carthage sub-play offers positive returns
Combo well economics are enhanced by liquids in a relatively small area
Anadarko leads the way in the Combo
EOG following Anadarko's lead
A combination of geologic factors makes liquids a reality