We are purchasing mineral rights in the Haynesville Shale

Phillips Energy Partners is looking to acquire oil and gas royalties in the Haynesville Shale. This natural gas discovery is one of the largest natural gas finds in the world. If you have property and you want to sell your override, mineral rights, or oil and gas royalties, we are looking to purchase.

If you want to sell your mineral rights you can click here, or if you just want to start a discussion, contact us.

Haynesville Shale General Information

The Haynesville Shale is a rock formation mainly composed of consolidated clay-sized particles deposited and buried in northwest Louisiana and East Texas more than 170 million years ago during the Upper Jurassic age. It’s characterized by ultra-low permeability but has a high porosity compared to other shales.

The Haynesville Shale is a geological formation found at approximately 13,000 to 14,000 feet subsurface in a broad area of Northwest Louisiana and near East Texas. It is essentially a very large underground shale deposit that contains an abundance of natural gas. Discovery wells drilled in recent months have started defining the limits of the area to South Webster, Western and Southern Bienville, Mid to South Bossier, South and West Caddo, Western Red River, all of DeSoto, Northern Natchitoches and Sabine Parishes. As more wells are drilled, this area will be more clearly defined and “sweet spots” will be located and drilled extensively. The Haynesville Shale is believed by industry experts to be the largest find of its kind in the Continental United States.

Formations, deposits and plays -

‘Formations’ is an oil and gas term used to describe an underground pocket of oil, natural gas or other commercially produced minerals. Large exploration companies hunt extensively for these pockets or formations of gas, and it just so happens that the Haynesville Shale located in Northwest Louisiana is possibly the largest natural gas formation in the continental US – and the fourth largest in the world.

Shale formations are very “tight” formations, that is, they are not porous and therefore, hydrocarbons, such as natural gas that is found in the shale cannot flow easily to the wellbore. The Haynesville Shale is a typical shale formation. However, with modern methods of fracturing (a “frac”) the subsurface structure, this tight formation has met its match. After fracturing, the shale gives up its precious commodity (natural gas) in a commercially productive manner. In addition, modern drilling methods allowing horizontal drilling through the shale formation make it possible to provide much more exposure of the shale to the wellbore.

Shale plays have become much more desirable to produce by large companies due to relatively higher natural gas prices in the last few years. Natural gas as a fuel source is a clean burning fuel now much in demand to meet the needs of American industries and residential energy markets. Products manufactured with this American commodity will be more competitive in the world market. The future is bright for residents in Louisiana and Texas as the Haynesville Shale play continues to be discovered, explored and marketed.

Most geological basins outside of Louisiana have productive wells at depth ranges above 8,500 feet. The Haynesville Shale, however, involves drilling below 10,000 feet and up to 13,000 feet deep. The formations get deeper as the field dips towards the Gulf of Mexico. The Haynesville Shale has recently been estimated to be the largest natural gas field in the 48 states with an estimated 250 trillion cubic feet of recoverable gas. Production has boomed since late March of 2008, creating a number of new millionaires in the long-economically depressed region centering on Shreveport, Louisiana.