HD Petroleum Evaluations, LLC

11/18/2024

The horizontal rig count in the Haynesville basin remains relatively constant as we head into the winter months.

11/04/2024

Attached is the Haynesville rig count data updated with the Nov 1, 2024 Baker Hughes Rig Report.

Activity has remained relatively constant since April of this year. I suspect we will see similar activity until there is a catalyst that indicates a sustained increase in natural gas prices.

If you would like a PDF copy of this report, please send me a message.

10/21/2024

Attached is the current rig count summary for the Haynesville Basin, with data current through October 18, 2024. The rig count remains low as natural gas prices remain below $3.

09/24/2024

The horizontal rig count in the Haynesville basin has remained relatively constant for several months. Operators continue to focus more activity in Louisiana, specifically in DeSoto parish. I expect this trend to continue as prices continue in the sub-$3 range.

If you have missed any of our previous posts, please check out our refreshed website at https://www.hdpetroleumevaluations.com/downloads/

09/09/2024

There has been little change to the horizontal rig count in the Haynesville basin over the past month. Short-term natural gas prices continue to be depressed and if the rig count continues to remain constant, I would expect to see further reductions in the number of wells being completed or brought online.

If you would like a PDF copy of this report, please message us.

08/25/2024

Attached is an updated view of the Haynesville Rig Report. There are currently 33 horizontal rigs operating in the basin with 73% of them located in Texas.

If you have any questions or would like a PDF version of this report, please send us a message.

08/16/2024

Have you ever read your royalty statement and wondered what the BTU value means? You're not alone! Many mineral owners see this term but aren't sure what it means or how it relates to their payments.

We've put together a simple, one-page overview to help explain BTU and its role in your royalty statements. Understanding this concept can help you better interpret your statements and feel more confident about the calculations behind your royalty payments.

Please take a look at our easy-to-follow breakdown below. If you have any questions or would like a PDF copy of this guide, please do not hesitate to email or send us a message.

08/13/2024

Are you wondering what's happening with drilling in the Haynesville? We've got you covered!

There are currently 31 drilling rigs in the area
That's down from 44 rigs a year ago
Most of the activity (71%) is in Louisiana

These numbers give us a big-picture view of drilling activity in the Haynesville. Understanding these trends helps everyone in the region stay informed about the local energy landscape. We're dedicated to making this information clear and accessible for all stakeholders.

If you have any questions, please give us a call or send us a message.

HD's goal is to leverage our more than 40 years of industry experience to empower mineral owners, helping you navigate management and decisions with confidence.

08/04/2024

If you own minerals in areas with horizontal wells, your royalty calculations might be more complex than you think. Our new guide explains the Owner Decimal Interest (ODI) formula for cross-unit or allocation wells. Learn how the percentage of perforated lateral length in each unit impacts your royalties. Whether you have minerals in one unit or across multiple units, understanding this calculation is crucial for interpreting your royalty statements. Check out the full image for a clear explanation and example of cross-unit ODI calculations. If you have any questions or would like a PDF copy of the guide, please leave a comment or message us.

07/29/2024

Do you ever wonder how your oil and gas royalty payments are calculated? Our latest guide simplifies the Owner Decimal Interest (ODI) calculation. Learn how your mineral acreage and royalty rate along with the unit size determine your share of production revenue. Whether you're a seasoned mineral owner or new to the industry, this information can help you better understand your royalty statements. Take a look at the full image for a clear breakdown of the ODI calculation. If you have any questions or would like a PDF copy of the guide sent to you, please leave a comment or send us a message.

07/23/2024

HD Petroleum Evaluations was started by Ryan Howrish and Darrell Depper- two industry veterans with over 40 years of combined experience across all facets of the oil and gas sector.

Our Expertise
With extensive experience spanning the entire industry, we offer insights and evaluations in:

- Unconventional Development
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- Land Management
- Production and Revenue Reviews
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Why Choose Us
- Broad Industry Knowledge: Our experience covers all aspects of the oil and gas industry, providing you with holistic insights.
- Personal Service: When you work with us, you'll only ever talk to Ryan or Darrell directly. No middlemen, no confusion.
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Whether you're considering leasing, selling, or seeking to understand asset values better, we're here to help you make informed decisions about your asset.

Ready to leverage our decades of diverse industry experience? Contact us today to schedule a conversation!