The Haynesville’s been keeping some secrets, everyone. It’s producing as much as ever—more than 10 billion cubic feet a day (Bcf/d). And there are about as many rigs drilling it as the Marcellus. Yes, the Marcellus.

Just 24 or so months ago, it remained stuck on a 6-Bcf/d axis after getting tangled in the spring of 2012 with a relentless sub-$3 strip. Strip’s still about $3, yet the Haynesville’s up 66%.

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