Friday, May 12, 2017

Haynesville Shale Production Turns Upward Again

The Louisiana state oil and gas reporting system shows well by well production, usually about 3-5 months lagging.  Based on the operators who have reported monthly production, February shows the first significant uptick in production after a long decline and plateau.  All the gains are in De Soto Parish, in fact.

With the rapid rise in working rigs, the Haynesville is likely to see gains for some time, perhaps returning to it's 7 BCFD glory next year if activity continues ramping up.