New Haynesville gas wells - an alternative to tight oil
Just a few years ago, the Haynesville Shale presented Lower 48 operators with some of the lowest cost gas supply in the country. Like many of its gas peers though, the Haynesville quickly fell out of favour when the US gas market collapsed. Now though, some notable players have been describing plans to re-engage the Haynesville in 2015. Haynesville economics have shifted considerably. In fact, drilling massive gas wells is one of the best hedges against cratering oil prices.