Comstock Resources is betting big on one of America’s key natural gas regions, using newer drilling methods and new processing and pipeline links to squeeze more out of the ground and reach growing demand. The upside is bigger and steadier sales through new partnerships, but the story also hinges on how well it manages the risks of being so dependent on a single area as rules and prices change.Read more
Comstock is squeezing more gas out of the Haynesville with faster drilling and lower well costs, and it may be able to land better long-term deals thanks to new processing capacity and ties to big power users like data centers. The catch is that it’s heavily tied to natural gas prices and faces rising environmental pressure and big spending needs that could strain the business if the market turns.Read more
Clean energy growth and tougher climate rules could steadily chip away at demand for Comstock Resources’ Haynesville natural gas, putting long-term profits and drilling plans under pressure. But strong operations, infrastructure upgrades, and growing Gulf Coast export and power needs could still keep the business relevant longer than bears expect.Read more
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Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
