QEP Resources oil producer equipment at work.

Where We Operate

Q3 2017 Production

3,321.2 Mboe
100%

YE 2016 Proved Reserves

144.3 MMboe
100%
Oil
Oil and Natural Gas Liquids
Natural Gas Liquids
Dry Gas

Overview

The Haynesville Shale – one of the largest gas fields in the continental United States – is located in the Louisiana salt basin, covering portions of northeast Texas and northwest Louisiana. The field was discovered in 2007 and was one of the first in the United States to be developed almost entirely through horizontal drilling and multi-stage hydraulic fracturing. Production rapidly climbed to approximately 10 billion cubic feet of gas per day in 2012 before falling to approximately 5.5 billion cubic feet of gas per day in 2016 as a result of decreased natural gas prices. Today, production optimization is being achieved with longer laterals and tighter fracture-stage spacing.

QEP Resources has interests in approximately 48,900 net acres in and around the most productive core of the Haynesville Shale.

QEP Resources, INC.