Hayneville Shale activity to slow in 2011
The Haynesville Shale may be a victim of its own success. Oil and gas drilling activity that has dominated northwest Louisiana's economy since mid-2008 is expected to slow in 2011 as attention transitions from low-priced natural gas to more lucrative big oil plays elsewhere in the United States.
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#1 Nov 8, 2010
You can't always believe what you hear in the newspapers. There is too much land that is already leased for big companies to just pick up and redirect gas operations elsewhere. yes it has slowed down some,but quite possibly refiguring the situation as they are probably doing, in my opinion,will help maximize the way they utilize their rescources in this area. news articles like the one I am commenting on now can have a devastating effect on these small town economies. It is my opinion that the reporter that weilded this information was totally misinformed and probably needs to get the whole story and compile evidence before running to the editor on the basis of peanut gallery hearsay.
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