Louisiana is attracting gas drillers looking to diversify their portfolios and access the export market
Deals booming in the Haynesville
Strong global gas prospects and high-quality inventory are driving a big swing in M&A activity in the basin
The Haynesville shale play, which straddles west Louisiana and east Texas, was largely left out of last year’s consolidation push, with companies instead focusing on operating synergies and cutting costs. But 2021 has been a different story. Four major acquisitions have been recorded in the basin so far this year—valued at more than $7bn—and consultancy Globaldata estimates 40 deals have included Louisiana assets. Independent Goodrich Petroleum was the latest to join the growing list in late November after it was snapped up by a subsidiary of private equity firm Encap Energy Capital Funds for $480mn, taking the company private. “This year has seen a massive run-up in gas prices, which has sp
Also in this section
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
