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June 11th, 2009 12:34pm Posted In:

Haynesville Shale: Enough Natural Gas for A Decade

FORBES (June 5, 2009) — Haynesville Shale (LA and Eastern Texas, discovered in Dec. 2008) is touted as the largest natural gas field in the continental U.S. About 200 feet thick, the stream of shale lurks two miles under the pastures, trailer homes and piney woods of the region. The 3 million-acre formation stretches into East Texas and holds some 251 trillion cubic feet of recoverable natural gas. There could be enough gas to satisfy domestic demand for a decade, if market prices can justify going after it.

Click to read the entire Forbes Article.