Monthly Well Permits: Actuals and Forecasts
An analysis of well permitting activity in the Haynesville Basin reveals a steady pace of development. While specific monthly figures for 2024 and 2025 are not detailed here, the overall trend suggests consistent interest in the region’s potential.
Haynesville 2025 Market Intel Kit – Only $25
- Includes – Haynesville Account List, Rig Report, Wells Drilled 2025 and Well Permits 2025
📈 First Five Months: 2024 vs. 2025
Comparing the first five months of 2024 and 2025:
- 2024 (Jan–May): 267 permits issued
- 2025 (Jan–May): 296 permits issued
- Change: +29 permits
- Percent Increase: +10.86%
This uptick indicates a growing confidence among operators in the basin’s prospects.
🏭 Operator Strategies and Market Outlook
Expand Energy: Following its merger with Southwestern Energy, Expand Energy has enhanced its operational efficiency in the Haynesville. The company reported a 42% improvement in drilling performance, reducing rig move times from seven days to three. Despite these gains, Expand remains cautious about expanding into the far western Haynesville due to current gas prices.
Aethon Energy: Aethon Energy’s leadership has indicated that natural gas prices need to exceed $5/MMBtu to justify significant new investments in the Haynesville region. The company has expanded its footprint by acquiring Tellurian’s upstream and midstream Haynesville assets, adding approximately 31,000 net acres and increasing its gathering and treating capacity to over 3 Bcf/d.
TG Natural Resources: TG Natural Resources has bolstered its position in the Haynesville by acquiring a majority stake in Chevron’s East Texas gas assets, adding over 250 gross drilling locations. This acquisition extends TGNR’s inventory life beyond 20 years at the current development pace. The company emphasizes its commitment to the Haynesville Play, viewing it as a critical source of clean natural gas and positioning itself for long-term success in the region.
Comstock Resources: Comstock has reported successful drilling results in the Western Haynesville, including a step-out well in Freestone County, Texas, which has substantially extended the company’s success in the area. The company plans to invest between $130 million to $150 million in its Western Haynesville midstream system, aiming to enhance its infrastructure to support ongoing and future operations.
🔮 Outlook
The Haynesville Shale’s strategic location near Gulf Coast LNG facilities and its high-quality gas make it a prime candidate for continued development. However, operators remain vigilant, balancing expansion plans with market realities. As global demand for natural gas grows, the Haynesville is poised to play a significant role in meeting energy needs.
