It’s been there all along, and the energy companies working north Louisiana’s massive natural gas find, the Haynesville Shale, in the past year knew it. In fact, it’s what they were originally after when they realized the potential of the Haynesville Shale, a gold mine below it that many believe is one of the biggest natural gas reserves in the country. Now, reports the Times-Picayune, the Bossier Shale, which is about 500 feet closer to the earth’s surface in north Louisiana, may rival the Haynesville.
But companies that wanted to profit from both gas finds had to first deal with the Haynesville. Companies must drill in order to maintain control of leased land, but most leases do not protect rights over minerals that may exist below the area that has been tapped. Firms were able to keep a hold over both shale deposits by drilling through the Bossier and into the Haynesville... Now that Haynesville production is underway - with more than 700 active wells in north Louisiana - companies are returning their thoughts to the mid-Bossier Shale.
Chesapeake Energy Corp., which launched last year’s Haynesville frenzy, tapped one mid-Bossier well about three months ago. Chesapeake expects the well to produce more 5 billion cubic feet of natural gas, which rivals the productivity of a Haynesville well.
Read the rest of the T-P story here and the potential role of natural gas as a bridge fuel to a 21st century energy economy in this month’s issue of Acadiana Business.
... written by NORTHSIDIAN SHOTGUN , November 06, 2009 - 04:11 am
This information is but a piece of the pie, Indiana, Pennsylvania, No.Dakota, So. Dakota, and many more states have "Gas Reserves" with minute, high gravity fluid. YA READ THIS FIRST IN "THE INDY"!!
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David Calhoun and Elizabeth “EB” Brooks are the first two employees of Lafayette Central Park Inc., the nonprofit charged with turning Lafayette Consolidated Government’s 100-acre Johnston Street Horse Farm property into a passive public park. Calhoun was named executive director, and Brooks is director of planning and design.
Is it a crime for citizens to photograph, video, or take notes of a police officer in the line of duty, or a right protected by the First Amendment of the U.S. Constitution? Locally, such activity, as witnessed recently, will at the very least result in a night spent behind bars.
At Thursday's State of the Economy luncheon, LEDA President and CEO Gregg Gothreaux said PXP has already quietly hired 180 people for its Broussard expansion.
There will soon be a whole lot of shakin’ going on at Benny’s Sportshack Supplement Depot, a new concept by Opelousas native Benny Nele. Located at 2002 Johnston St., the supplement shop, smoothie bar and café, featuring hot off the press paninis and wraps, plans to open in late May.
This year’s Cool Town issue is all about people who are not native to South Louisiana but made a conscious decision to be here, to be among us, to participate in our culture and contribute to it.
A shelved ordinance transferring $200,000 from a northside drainage project to a south Lafayette development may not break any laws, but it stinks to high heaven.
An effort to restore a shuttered dancehall and document other vacant or razed honky-tonks could serve as a model for saving an endangered species of entertainment.
Lafayette’s gene pool has been host to a long line of eccentric characters who have blurred the lines between crazy, genius, disturbed and curiously entertaining.
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No.Dakota, So. Dakota, and many more states have "Gas Reserves" with minute, high gravity fluid. YA READ THIS FIRST IN "THE INDY"!!