shaleprofile + 242 June 1, 2021 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. Visit ShaleProfile blog to explore the full interactive dashboard This interactive presentation contains the latest gas (and a little oil) production data, from all 5,970 horizontal wells in the Haynesville that started producing from 2007, through February. Total production After setting a new record in January, natural gas production in the Haynesville fell by about 10% in February (after revisions), to just over 10 Bcf/d. The region was impacted by a brief period of arctic temperatures. However, activity levels are high here, and in March or April probably a new production record was set. Supply Projection dashboard Last week, 48 rigs were drilling horizontal wells in this basin, according to the Baker Hughes rig count. This is the highest number since the end of 2019, and assuming well & rig productivity are not deteriorating, it should lead to significant production growth in the coming months and years. From our Supply Projection dashboard: Natural gas outlook in the Haynesville based on the current rig count & productivity, by state. This outlook has the Haynesville above 13 Bcf/d by the end of the year. Well productivity Well productivity saw a major boost from 2011 through 2017 and has kept rising since: Production profiles (average cumulative gas production vs. months on production) for the Haynesville The 294 horizontal wells that came online in 2017 recovered on average 7.1 Bcf of natural gas in the first 3 years, compared with 3.0 Bcf for the wells starting production in 2011. Important factors driving this growth are the increase in lateral lengths and proppant loadings: Lateral lengths and proppant loadings in the Haynesville In 2020, just over 30 million pounds of proppants were used to frac a well, compared with 6.3 million pounds in 2013. Lateral lengths almost doubled in the same time frame. Image from our Lateral lengths & Proppants Dashboard. Top operators In the final tab (“Top operators”), the leading 10 natural gas producers in this basin are displayed. Comstock leads with 1.7 Bcf/d in February. BP, the number one in Jan 2019, has fallen to the 9th position, as it basically has halted new completions since last year. Finally Later this week we will have a post on all covered US states. Production data is subject to revisions. Sources For this presentation, I used data gathered from the following sources: The Louisiana Department of Natural Resources Texas RRC. Production data is provided on lease level. Individual well production data is estimated from a range of data sources, including regular well tests, and pending lease reports. FracFocus.org Visit our blog to read the full post and use the interactive dashboards to gain more insight: https://bit.ly/2TtBqgl Follow us on Social Media: Twitter: @ShaleProfile LinkedIn: ShaleProfile Facebook: ShaleProfile Quote Share this post Link to post Share on other sites
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