Right now, there is no single fundamental factor more important to the price of natural gas than Haynesville production. Ideally production would react to price signals and help balance the market, in practice the opposite seems more common. Producers make mineral development decisions far in advance, they have diverse obligations to meet that don’t always align to market incentives and they have their own views of what prices will do. This makes monitoring their behavior essential. The prolific geology of the region means Haynesville wells are 17 times more productive than their Permian counterparts. The same could be said for the Northeast but that region is constrained by limited southbound export capacity. Haynesville production has enough optionality to be the single determining factor between a tight or loose gas market.
As such we are fast tracking some improvements on our tech roadmap in order to give our customers as much advantage as possible during this important time.
- Faster data updates. We are making improvements to our processing pipeline which will allow for data to be released a full day faster than before. We tested some of these improvements yesterday and successfully sent out frac crew data to customers a full day early. This is an ongoing improvement and so not every update will be early at first.
- Additional satellite data. With access to daily satellite images SynMax is already tracking 100% of frac activity in all major plays of the US. Occasionally, clouds can get in the way delaying the recognition of a frac crew for a day or more. We already combat this with SAR collections but have begun increasing our SAR collections in the Haynesville using hi-res UMBRA satellites.
- Additional exclusive research. More of our research reports are exclusive to customers and we have increased the lag to a full week for the ones that we do release to non-customers.
