November 18, 2025

Haynesville natural gas full cycle costs at Henry Hub (HH) equivalent range from a low of USD $3.55/Mcf for wells with an Initial Productivity (IP) greater than 18 MMcf/d to a high of USD $22.95/Mcf for wells with an IP of under 3 MMcf/d. Haynesville produce dry gas: no liquids uplift. Average Operating costs are USD $0.86/Mcf while royalties & taxes and overhead are USD $0.83/Mcf. F&D costs range from USD $0.97 to $12.00/Mcf and the 15% producer return ranges from USD $0.74-$9.12/Mcf. The assumed HH differential is USD $ 0.15/Mcf. Haynesville produces dry gas and therefore has no liquids uplift.