Rising Gas Demand Makes Haynesville Shale a More Attractive Place

SUGAR LAND--April 26, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--On Wall Street, it is said, the most common--and dangerous--words in the English language are, "This time, it's different." Still, those are the words being spoken these days about the Haynesville Shale, where operator and investor enthusiasm has perked up lately, driven by the expectation that rising demand for natural gas and the formation's high level of initial production will outweigh its high costs. One thing that's different now is that the industry's low-cost leader, Range Resources Corporation (NYSE:RRC) (Fort Worth, Texas), is operating in the Haynesville.

Within this article: Details of Haynesville drillers

Other companies featured: EXCO Corporation (NYSE:XCO), Chesapeake Energy Corporation (NYSE:CHK), Goodrich Petroleum Corporation (NYSE MKT:GDP)