Haynesville natural gas production climbed to a new record last week and continues to rise.
For the week ending August 10, Haynesville production averaged about 16.5 Bcf/d (dark green line below), up 0.06 Bcf/d from the previous week. Output declined slightly on the Louisiana side of the basin but was more than offset by higher production in Texas, according to our NATGAS Haynesville Report.
LNG feedgas demand strengthened last week as the final train at Corpus Christi Stage III began ramping up, providing additional support for basin growth. RBN expects Haynesville production to continue climbing through year-end as LNG demand increases and new export capacity comes online.
Haynesville production is expected to exceed 17 Bcf/d by year-end, supported by growing LNG feedgas demand. While feedgas demand has been somewhat lackluster this summer, it is expected to pick up heading into the winter peak season and as additional LNG export capacity comes online.
