Producers venturing into the substantial natural gas reserves in the far-west part of the Haynesville Shale — south of Dallas and about 200 miles west of DeSoto Parish, LA, in the core Haynesville — were historically thwarted by extreme geological conditions and poor drilling economics, which quickly relegated the area to the back burner in the early years of the Shale Era. Now, technological advancements and bullish market conditions are once again beckoning producers to look beyond the core areas of the Haynesville. Rig activity in the Western Haynesville is the highest it’s been in 10 years and production volumes have been ticking up over the past two. In today’s RBN blog, we begin a series looking at recent activity and production scenarios for the region as it fits into the larger Gulf Coast supply-demand balance.
NATGAS Billboard is a daily, early morning email and report that provides an up-to-the-minute view of the natural gas market outlook, including storage injections/withdrawals and price. Billboard’s models incorporate pipeline flow data, weather models, electricity demand data and more.
Before we dive into the latest dynamics of the Western Haynesville development, let’s start with some quick definitions and geography to put it in the context of the larger Haynesville. What we and the broader market commonly refer to as the Haynesville (blue-shaded area in Figure 1 below) is, of course, one of the OGs of shale development, bursting onto the scene in 2008, during the early days of the Shale Revolution. The sweet spots lie on or just off the Cotton Valley Shelf Edge (yellow-shaded area) along the northern stretch of the Texas-Louisiana border. (Please note we use generalized terms for basins and formations, which are commonplace in the industry but not necessarily the precise geological classification. As shown in Figure 1, the Haynesville is a surface area that provides access to formations such as the Austin Chalk, Cotton Valley, and other basins for development and extraction.)
Join Backstage Pass to Read Full Article
About the song
“Into the Great Wide Open” was written by Tom Petty and Jeff Lynne and appears as the third song on side one of Tom Petty and the Heartbreakers’ album of the same name. The song is a classic tale of a rock star’s rise to fame and demise in the music biz, similar to the story in Bad Company’s “Shooting Star” and Michael McMahan’s “Number One With a Bullet.” Julien Temple directed the video for the song, which received heavy rotation on MTV. It features Petty and the Heartbreakers, Johnny Depp, Faye Dunaway, Matt LeBlanc and Wiggy. An interesting shot in the video is of the motel, which resembles the Hollywood Premiere Motel on Hollywood Boulevard, where Petty and the band briefly lived while recording their debut album at the now-demolished Shelter Records Studio across the street and down a block. The song was released as a single in September 1991 and went to #4 on the Billboard Mainstream Rock chart and #92 on the Billboard Hot 100 Singles chart. Personnel on the record were: Tom Petty (lead and backing vocals, rhythm guitar), Mike Campbell (lead guitar), Benmont Tench (keyboards), Howie Epstein (bass, backing vocals), Stan Lynch (drums, percussion) and Jeff Lynne (backing vocals).
The album, Into the Great Wide Open, was recorded in 1990-91 at Rumbo Studio C in Canoga Park and M.C. Studios in Studio City, CA. Produced by Jeff Lynne, Tom Petty and Mike Campbell, the album was released in July 1991. It went to #13 on the Billboard 200 Albums chart and has been certified 2X Platinum by the Recording Industry Association of America. It was the last album Stan Lynch played on as a Heartbreaker. Six singles were released from the LP.
Tom Petty and the Heartbreakers were an American rock and roll band formed in Gainesville, FL, under the name Mudcrutch, in 1976 by Tom Petty, Mike Campbell, Benmont Tench, Ron Blair and Stan Lynch. Their debut album, Tom Petty and the Heartbreakers, was released in November 1976. They released 16 studio albums, 10 live albums, a soundtrack album, nine compilation albums, an EP, and 76 singles and have sold more than 80 million records worldwide. They are members of the Rock and Roll Hall of Fame and have a star on the Hollywood Walk of Fame. Their final show was at the Hollywood Bowl in September 2017, where they ended the show with “American Girl.” Eight members have passed through the group since its formation. Howie Epsten died in Santa Fe in February 2003 at 47 and Tom Petty died in Santa Monica in October 2017 at 66. The Heartbreakers broke up after Petty’s death. All the members are still active in various solo ventures.
"About the Song" -- written by Mickey McMahan , RBN Director of Musicology
