Expand Energy’s Haynesville Efficiency Gains: Driving Down Costs and Boosting Production

The Haynesville Shale has long been one of the most prolific natural gas plays in North America, and Expand Energy Corporation (EXE) is proving that operational efficiency can unlock even greater value from this rich resource. Following its merger with Southwestern Energy, EXE has streamlined its Haynesville operations, slashing drilling times, cutting costs, and leveraging infrastructure investments to position itself as one of the most competitive gas producers in the region.

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Chesapeake to reduce rig count

Chesapeake currently operates nine rigs — five in Haynesville and four in Marcellus. Given “market dynamics,” the company plans to drop one rig and one frac crew in each play by midyear, according to its fourth-quarter earnings report. The company will also defer placing wells into production, though it still expects to drill 95 to 115 wells in 2024.

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