More info from the Unconventional Gas Conference from Austin Eudaly
Haynesville Shale Players from Public Data
-Largest current positions in the play with huge Estimated unproved reserves (EUR’s)
-Companies will spend around $2 billion well cost per 20,000 acres
Operator: Net Acreage Position (acres)
Devon: 570,000
Chesapeake: 460,000
EnCana: 435,000
Petrohawk: 300,000
Shell: 175,000
Forest: 127,000
EXCO: 119,800
EOG: 116,000
Plains E&P: 110,000
XTO: 100,000
Comstock: 70,504
Goodrich: 63,000
Total 2,646,304 acres
Many of you will likely be surprised that Devon is on the top of this list. Some may have never even heard of them. However, put in terms of the natural gas E&P industry as a family, Devon is Chesapeake’s softer spoken, but very clever brother from Oklahoma City as well. Keep an eye out for Devon to drill some very successful Haynesville wells alongside Chesapeake in the years to come.