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
10 November 2025
The Russian firm made a significant attempt to expand overseas over the past two decades but is now trying to divest its global operations
10 November 2025
OPEC+ has proven to be astute at bringing back oil production, but mysteries around Chinese buying, missing barrels and oil-on-water have left the group in wait-and-see mode
7 November 2025
The Russian company’s German assets are under Berlin’s management and are exempt from sanctions, for now, but a permanent solution still needs to be found
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
