Saturday, April 16, 2022

Haynesville Natural Gas Production Hits Record High In Late 2021 -- Rigzone -- April 16, 2022

Link here.

  • record in 2H22; remained relatively strong in early 2022;
  • third-largest shale gas-producing play in the US
  • Marcellus: #1
  • Haynesville: accounts for about 13% of all US dry natural gas production, February, 2022
    • production, 2021, average:
      • Marcellus: 32 billion cfpd
      • Permian: 12.4 billion cfpd
      • Haynesville; 12 billioni cfpd
  • pipeline takeaway capacity in Haynesville:

Pipeline takeaway capacity out of Haynesville has also increased in recent years. The additional capacity allows producers to reach industrial demand centers and liquefied natural gas terminals on the U.S. Gulf Coast.

The Enterprise Products Partners’ Gillis Lateral pipeline and the associated expansion of the Acadian Haynesville Extension entered into service in December 2021.

Before that project, Enbridge Midcoast Energy’s CJ Express pipeline entered service in April 2021. These projects added 1.3 Bcf/d of takeaway capacity in the Haynesville area, which is currently estimated to total 15.9 Bcf/d.

The three (Marcellus, Permian, Haynesville) account for 52% of all dry natural gas produced in the United States. 

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US Natural Gas in Storage

The US ended the winter with the least natural gas in storage in three years. Link here.

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Inflation Watch

April 15, 2022, Target / Albertson's run:

  • eggs: no change. Prices unchanged; Target still beats Albertson's, $2.79  vs $2.29 for a dozen
    • plenty of eggs available at both places, but clearly inventories are way down
  • soy sauce: 
    • not on Kikkoman bottle of soy sauce available at Target; out of curiosity need to check Albertson's
    • store brand soy sauce available in very, very limited supplies -- down to about four bottles;
    • Kikkoman: $3.49
    • store brand: $1.69
    • no brainer, even if Kikkoman had been available.
    • salad dressing, Honey Mustard
      • brand name: $3.89
      • store brand: $1.59
      • no-brainer which one to get

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