A new wave of finance is also sweeping over the region. The rig count current stands at 44, up from just 16 at this point last year.Д«ut it isnвЂ™t just that drilling techniques have improved. Natural gas production in the Haynesville is up 20 percent so far this year, and the EIA predicts output will increase by another 2 percent between October and November. Related:В Is The Aramco IPO On The Brink Of Collapse? The recent uptick in production is a story of advancements in drilling technology, a renewed interest from major financial institutions, as well as its proximity to new demand centers. The best days for the Haynesville were already over.Д«ut, the Haynesville is enjoying a second wind. The massive surge in production made the Haynesville Shale somewhat redundant, and the Marcellus Shale took over as the countryвЂ™s premier gas producing region, as it remains today. The crash in prices meant that shale drillers moved on to greener pastures, and most of them began looking for oil rather than gas because crude fetched $70 to $80 per barrel.Д«y then, the Marcellus Shale was just beginning to ramp up, boasting rock-bottom costs of production. But the surge in production pushed down prices, which had been high and relatively volatile for years.

A decade ago, fracking unleashed a wave of natural gas production as hundreds of rigs piled into northwestern Louisiana. The Haynesville Shale is one of the founding fathers of the modern shale drilling boom. The Haynesville Shale, which straddles the Texas-Louisiana border, has seen a resurgence in natural gas production, after years of neglect. The original shale gas play, the one that kicked off the shale drilling bonanza a decade ago but then went into decline, is getting a new lease on life.

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