News Release

Haynesville operators calculate remaining growth

12.5 years of sub-$3.00/mcf inventory remains in key natural gas basin

byEnverus

CALGARY, Alberta (Nov. 19, 2024) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its annual Haynesville Play Fundamentals that examines the distribution of remaining inventory across the play using economic viability.

The report leverages Enverus analytics to assess the prospective quality of the emerging Western Haynesville play. Additionally, it uncovers the call on Haynesville rigs, same-zone and across-zone well interference and the economic advantages of longer laterals in the Haynesville.

“We estimate the Haynesville has 12.5 years of sub-$3.00/Mcf inventory at last year’s turn-in-line (TIL) cadence,” said Jimmy McNamara, principal analyst at EIR. “This drops to 10.5 years when modeling EIR’s 2026 TIL cadence that increases Haynesville supply by 2.0 Bcf/d to match incoming LNG demand.”  

McNamara continued, “A select few companies boast 15 years or more of sub-$3.00/Mcf inventory and 10 years of sub-$2.75/Mcf. This runway of high-quality inventory puts them in the best position for long-term sustainable growth, in our opinion.”

“Most producing wells in the Western Haynesville are targeting the Bossier and Haynesville at depths of 15,000’ to 19,000,” added Adrienne McDougall-Bell, analyst at EIR. “We’ve currently assigned limited inventory in the Western Haynesville due to it being in the early stages of development.”

Key takeaways from the report:

  • The Haynesville has 12.5 years of sub-$3.00/Mcf inventory at last year’s turn-in-line (TIL) cadence. This drops to 10.5 years when modeling EIR’s 2026 TIL cadence that increases Haynesville supply by 2.0 Bcf/d to match incoming LNG demand.
  • A select few companies boast 15 years or more of sub-$3.00/Mcf inventory and 10 years of sub-$2.75/Mcf. This runway of high-quality inventory puts them in the best position for long-term sustainable growth, in our opinion.
  • Most producing wells in the Western Haynesville are targeting the Middle Bossier or Lower Bossier at depths of 15,000’ to 19,000’. EIR currently assigns limited inventory in the Western Haynesville due to it being in the early stages of development.

Play Fundamentals is an EIR research series that dives into a key geographical basin or technology. A collective series, with each play updated annually, it includes inventory estimates, technical research, interactive maps, investment opportunities, macro trends and basin analytics. The reports empower readers to make intelligent connections and, overall, more informed investment, operating and strategic decisions. It is considered the most in-depth research EIR offers and among the most-read analysis series in the energy industry.

EIR’s analysis pulls from a variety of Enverus products including Enverus Intelligence® Research, Placed Wells Analytics, Enverus Forecast Analytics, Enverus Spacing and Enverus Geoscience Analytics.

You must be an Enverus Intelligence® subscriber to access this report.

About Enverus Intelligence® Research
Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts; and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. Enverus is the most trusted, energy-dedicated SaaS company, with a platform built to create value from generative AI, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 95% of U.S. energy producers and more than 40,000 suppliers. Learn more at Enverus.com.

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