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
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
