Crystal Ball Not Needed – Just look at the Barnett
Haynesville Shale landowners (mainly mineral rights owners) may not need a crystal ball to predict the future when it comes to potential gas royalties. Based on (a) the huge investments being made by gas companies; (b) the advanced geological tools used today and (c) the huge hits made by Penn Virginia and Petrohawk, there’s definitely a lot of gas in the Haynesville Shale.
Many predictions have the Haynesville Shale being bigger, much bigger, than the Barnett Shale. So, put away your crystal ball and gaze west to Fort Worth and beyond to see what’s happened in the Barnett as the best predictor of what’s to come in the Haynesville Shale. Some handy links:
Fort Worth Star Telegram’s Barnett Shale Blog
What’s your prediction? Hype or Boom for the Haynesville? Leave a comment.
