This interactive presentation contains the gas production data from all horizontal 3178 wells in the Louisiana portion of the Haynesville basin, that started production since 2008, through December 2016.
This is the first time that I show production data for Louisiana, as it was made possible due to the collaboration with ShaleCast, which kindly supplied the estimated production data for all these wells, along with many insights and feedback.
The Haynesville basin experienced a very rapid growth in gas production between 2009 and 2011, when it peaked at over 6 Bcf/day. In the 2 years since, production halved, and afterward steadied at a level of just below 3 Bcf/day.
The “Well quality” tab charts the average production profiles for all these wells, grouped by the year in which they started. You’ll notice that well productivities, on average, increased until 2011, after which they haven’t change much.
In the “Well status” tab you’ll find an overview of both the status and the production level, of all these wells. As you can see in the bottom graph, by Dec 2016 about 70% of the wells were at a production rate below 500 Mcf/day. This was up from a low of 25% in 2011, when new wells were still being added at a very rapid pace.
The largest operators are displayed in the final tab (“Top operators”). At about 1 Bcf/day, Chesapeake is the clear leader here, responsible for over 1/3rd of total production.
The ‘Advanced Insights’ presentation is displayed below:
This “Ultimate recovery” overview shows how all these horizontal wells are heading towards their ultimate gas recovery, as their production rates drop over time.
As you can see by following the red curve to the end, the average 2010 well, which this curve represents, has produced more than 3.6 Bcf cumulatively, and is after 6 years at a production level of just over 500 Mcf/day. By changing the “Show wells by” selection to “Quarter of first flow”, wells will be grouped by the quarter in which they started production, and this will show you a more detailed, and recent, picture.
The 2nd tab (“Cumulative production ranking”) ranks all wells by cumulative production. One well, the “Hunt Plywood C 007”, is clearly ahead of the others, and is now close to 23 Bcf. If you change the ranking to county, it becomes clear that gas production in De Soto Parish (county) has been good for about half of the total gas production.
If you’re interested in the detailed location and status of all these wells, please take a look at the 3rd tab (“Well status map”). It also shows how production is focused in and around De Soto Parish.
Of interest is also the “Production ranking” tab, which ranks all operators by the average cumulative production at the 2 year mark. The 4 entities under which BHP Billiton operates in this area take up the 4 top spots.
A ShaleCast specific version of the first interactive presentation shown above was created, which also shows the revenue and location of wells owned by its members, and which you can find here.
Next week I plan to publish updates on both the Eagle Ford and the Permian.
For these presentations, I used data provided by:
- ShaleCast: Individual well production data was estimated based on lease production data. Only the most recent operator for a well is known, so all production data shown in these presentations is assigned to the latest well operator.
The above presentations have many interactive features:
- You can click through the blocks on the top to see the slides.
- Each slide has filters that can be set, e.g. to select individual or groups of operators. You can first click “all” to deselect all items. You have to click the “apply” button at the bottom to enforce the changes. After that, click anywhere on the presentation.
- Tooltips are shown by just hovering the mouse over parts of the presentation.
- You can move the map around, and zoom in/out.
- By clicking on the legend you can highlight selected items.
- Note that filters have to be set for each tab separately.
- The operator who currently owns the well is designated by “operator (current)”. The operator who operated a well in a past month is designated by “operator (actual)”. This distinction is useful when the ownership of a well changed over time.
- If you have any questions on how to use the interactivity, or how to analyze specific questions, please don’t hesitate to ask.