Using data from SONRIS, I have created a Haynesville Well Cost Dashboard. This interactive tool lets you explore well cost data across the play, with filters for operators, fields, counties, and production dates, plus visualizations of cost trends over time. While royalty payments aren’t directly tied to well costs, understanding these costs can offer valuable insights. For instance, lower well costs may signal more development activity in your area. Conversely, high costs could indicate lower activity, affecting future production timelines. For example, over the past 5 years, the average well cost in Caddo Parish is $1337/ft of perforated lateral length compared to $1711/ft of perforated lateral length in Natchitoches Parish.
By tracking well costs, you can make informed decisions about your minerals—whether you’re negotiating leases, considering sales, or just staying informed about the play’s activity. Check it out and let me know your thoughts!
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Thanks, Ryan. We've been wondering what you were up to. Don't be a stranger.
Thanks for sharing the Dashboard. It's always good to have an additional source of data. I explored the inputs a little. I'll find to do more later. I searched Expand and noted that there was little data for last year. That's not a surprise considering how far behind SONRIS is on processing well data. Searching for the year before (the most recent data available) showed a good bit more data and a decline in well cost for EXE.
You are correct that there is a lag in the data. Unfortunately, many operators wait at least a year (or more) before submitting their cost report while applying for Severance Tax Relief. Additionally, there were 99 Haynesville wells with first production reported in 2024 compared to 304 in 2023 and 372 in 2022.
Part of the delay for Louisiana data is changes in staff and data entry priorities at SONRIS in Baton Rouge. It's taking a good bit of time for review, approval and entry in the database after the state receives the well cost reports. Hopefully when vacant staff positions are filled, the lag will be reduced.
Thanks again.
The History of GoHaynesvilleShale.com
GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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