Saturday, January 11, 2014

Haynesville Shale Production

Here is what the State of Louisiana reports for production from the Haynesville Parishes, and the corresponding rig count from Baker Hughes.  Often the most recent production months are revised upward for quite some time as late reports are filed with the state, but a clear and steady decline that exceeded most forecasts is evident over the last two years, falling around 3 BCFD from a peak above 7 BCFD.  (Note that the production totals include some legacy production that predates the haynesville discovery in these parishes.)