High surface treating pressures and high temperatures create a fracturing challenge. As domestic exploration and development efforts continue to shift toward the extraction of liquid hydrocarbons, a few plays are still producing natural gas at low commodity prices, which continues, under certain circumstances, to make fiscal sense. The Haynesville in East Texas and Louisiana is one such play. Though drilling and completion (D&C) costs can be significantly higher than in the typical North American unconventional plays and though decline rates can be abnormally high, the tremendous initial production rates can contribute to relatively short payout times |
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