oil & gas assets

Ark-La-Tex Scout

Serving the local market with drilling activities, permits & multiple listings

Ark-La-Tex Scout
PLS publishes exploration news and drilling insights in Arkansas, Louisiana and East Texas through our Ark-La-Tex Scout. A famed area with significant of oil and gas history- this Region- known for East Texas stacked pays (Smackover, Bossier Sand, Cotton Valley, Travis Peak, Woodbine, Glen Rose, Rodessa, Pettit, James Lime, Edwards, Georgetown); Arkansas's shales (Brown Dense & Fayetteville) and North Louisiana's gas (Hosston & Haynesville) is still a core area for many operators from Dallas to Shreveport.

  • Stay in front of local prospects, plays & rigs!
  • Arkansas, Louisiana, East Texas
  • Hard Copy and Email For 1 Individual
  • Every 3 to 4 Weeks (12-16 issues per year)
  • Regional discoveries, drilling activity, permits,
    completions and summary drilling statistics, layered
    with regional listings and business opportunities
  • Web access to the Ark-La-Tex Scout archive
  • Does not include access to MLS


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Publication
News Date
ALT - Chesapeake tests top-tier Haynesville well in Caddo Parish - April 2, 2020
At Bethany-Longstreet field in Caddo Parish, Louisiana, Chesapeake Energy completed the AFP28&21&16-15-16HC #1-ALT well targeting the Haynesville. The well was fracked with 31 MMlb of proppant across an 11,056-ft effective lateral, or 2,809 lb/ft. During a 24-hour test, the well produced 38.3 MMcf/d on a 37/64-inch choke at 6,669 psi FCP. This is the company’s fourth-highest IP24 in Caddo Parish and second highest in Bethany-Longstreet. The company’s top performer in Caddo Parish...
Apr 02, 2020
ALT - Goodrich focusing 2020 activity on Bethany-Longstreet - April 2, 2020
On March 16, Goodrich Petroleum lowered its 2020 capital budget by $15 million to $40-50 million. The company has allocated the majority of that budget to drilling and completing Haynesville wells at Bethany-Longstreet field in Caddo and DeSoto parishes, Louisiana. Production guidance is now 137-142 MMcfe/d (99% gas), which would be 5-7% growth compared to 2019. Half of the expected natural gas volumes are hedged at a blended average price of $2.60/MMbtu. At $2.00-$2.50/MMbtu pricing,...
Apr 02, 2020
ALT - Regional Highlights - April 2 , 2020
The US Energy Information Administration projects that Haynesville production will rise by 2 MMcf/d sequentially in April to 12.447 Bcf/d. There were 230 DUCs in the Haynesville as of February, down by one compared to...
Apr 02, 2020
ALT - Aethon Energy Highlights - April 2, 2020
Aethon Energy signed a fouryear contract with BJ Services to use BJ’s first Titan next-generation frac fleet. Powered by a direct-drive natural gas-fueled turbine, the first Titan prototype pump has completed more than 500 hours of field testing on Aethon’s Haynesville well locations this year. The first Titan fleet will deploy in Q4. The fleet is 100% fueled by natural gas, and each rig provides 5,000...
Apr 02, 2020
ALT - Commonwealth LNG Highlights - April 2, 2020
A number of LNG projects have hit snags in the last month, potentially impacting dry gas producers in the Haynesville. The Federal Energy Regulatory Commission has suspended its environmental review schedule for Commonwealth LNG’s proposed export terminal in Cameron Parish, Louisiana. Under the previously released schedule, the draft environmental impact statement was due in May and the final EIS was due in October. In Calcasieu Parish, Shell has pulled out of the Lake Charles LNG project due...
Apr 02, 2020
ALT - Comstock’s latest completions highlighted by 45 MMcf/d IP24 - March 12, 2020
From early November to the end of February, Comstock Resources completed 20 wells in the Haynesville. Lateral lengths ranged 4,337-10,191 ft with sand loads of 3,000- 3,800 lb/ft. The wells delivered initial 24-hour rates ranging 15-45 MMcf/d. At the end of February, the company had 15 wells in the process of being completed. Last year was a significant one for Comstock, highlighted by its $2.2 billion Covey Park Energy acquisition, which was completed in July. The purchase added...
Mar 12, 2020
ALT - GeoSouthern scores 40 MMcf/d IP24 in the Jurassic - March 12, 2020
GeoSouthern Energy-Blackstone JV GEP Haynesville has completed another set of outstanding horizontals in northern Louisiana. Unlike its previous gushers in the Haynesville, the latest wells targeted the Jurassic formation. In Sabine Parish, the Olympia Min 26-23HC #2-ALT was completed with an 8,288-ft effective lateral fracked with 24.9 MMlb of proppant (3,004 lb/ft) and produced an initial 24-hour rate of 40.3 MMcf/d. This is the company’s third completion to deliver an IP24 over 40 MMcf/d;...
Mar 12, 2020
ALT - Regional Highlights - March 12, 2020
The EIA projects that Haynesville production will rise by 34 MMcf/d sequentially in March to 12.441 Bcf/d. There were 240 DUCs in the Haynesville as of January, up by four compared to December. Henry Hub natural gas prices settled at $1.88/MMbtu on March 11, up 3% from a month earlier and down 30% YOY. The 12-month strip is $2.24/MMbtu. WTI spot settled at $32.98/bbl, down 34% in the last month and down 44% YOY. The 12-month strip is at...
Mar 12, 2020
ALT - Indigo Natural Resources Highlights - March 12, 2020
In Natchitoches Parish, Louisiana, Indigo Natural Resources completed the Russ 12&13-10-10HC #1 in the Haynesville. The well sports a 6,041-ft effective lateral and was completed with 22.4 MMlb of proppant (3,712 lb/ft). On test, the well delivered an initial 24-hour rate of 29 MMcf/d. Indigo is the only company actively drilling and completing wells in Natchitoches Parish. It began drilling wells there in 2H19, and this is the company’s highest IP24 to date in the...
Mar 12, 2020
ALT - Matador Resources Highlights - March 12, 2020
Matador Resources is considering selling its non-core assets in the Haynesville shale, as well as South Texas. A possible JV in the Delaware Basin is also being considered. The news came concurrently with the company’s announcement that it is cutting its rig count in half to three by the end of...
Mar 12, 2020

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