Since late 2023, Haynesville gas production has been on a decline as a result of lower gas prices, strategic reductions/delays in drilling activity and well completions by gas producers, and temporary operational issues. The gas production currently stands at ~15.4 Bcf/d, down 1.8 Bcf/d from the heights seen last summer. Prior to this drop, Haynesville production accounted for roughly 16% of total U.S. natural gas production. Particularly noteworthy is the staggering 11 Bcf/d increase in gas production since its revitalization in 2017. Now ranking as the third-largest shale gas-producing play in the United States, behind the Marcellus/Utica play in the Appalachian Basin and associated gas from the Permian Basin, Haynesville is expected to make a recovery later as natural gas pricing improves driven by new LNG demand coming online in late 2024 and 2025.

Haynesville downstream natural gas pipeline infrastructure evaluation