[Editor's note: A version of this story appears in the December 2018 edition of Oil and Gas Investor. Subscribe to the magazine here.]
In recent years, the Haynesville Shale has reinvented itself as new operators entered the play with significant funding from private equity. These new entrants earnestly applied new completion techniques and longer laterals, imitating practices honed in plays like the Eagle Ford.
Haynesville region gas production is expected to rise to 11.7 billion cubic feet per day (Bcf/d) by year-end 2019, an increase of 13% from Stratas Advisors’ 10.4-Bcf/d 2018 estimate. Longer laterals, greater stage counts and higher proppant loading will continue, and Haynesville activity will remain robust on flat to rising prices.
The Haynesville represents the lion’s share of activity. For now, the Cotton Valley is expected to remain relatively stable as the majority of current Cotton Valley operators are either focused on other opportunities or lack scale.