Louisiana set for a race between gas producers to extend acreage and expand production
Dash for gas in the Haynesville
Bullish output projections and snowballing consolidation illustrate scramble to gain a foothold in the basin
Louisiana may be set for some of its most thrilling pursuits since a speedboat piloted by Roger Moore’s incarnation of James Bond memorably confounded both his villainous pursuers and Sheriff JW Pepper through its bayous in 1973’s Live and Let Die. US gas producers with deep pockets are rapidly shifting capital to extend acreage and expand production in the Haynesville dry gas basin. Houston-based Tellurian is shelling out $125mn to source feedstock for its Driftwood LNG project, while BP says it could reallocate c.$0.5bn to the basin. Despite only recently emerging from bankruptcy, US independent Chesapeake Energy is also increasing its exposure. “[The] Eagle Ford has become non-core to our
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
