Haynesville boosted by LNG demand
Headwinds threaten Haynesville growth
Output from the play set for slowdown as pipeline bottlenecks loom and operators remain cautious
The Haynesville basin enjoyed a bumper year in 2022, with output boosted by strong LNG demand in Europe and average Henry Hub spot prices reaching their highest level since 2008. But market oversupply and imminent midstream constraints look set to temper growth in 2023. Output from the Haynesville hit 16.4bn ft³/d (464mn m³/d) in January following production growth of c.13pc over the previous 12 months. The US delivered 41pc of the EU’s LNG last year, according to commodity researcher Kpler, making it the bloc’s top supplier as the war in Ukraine forced the region to look beyond Russia for cargoes. But early demand and pricing sugg
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
