Vulcan Platform Expansion

We are pleased to announce another expansion of the Vulcan platform, this time incorporating gas pipeline expansion projects. This addition was motivated by a recent research publication we delivered to our Hyperion Clients back in September. (The Hyperion platform offers an unprecedented ground-truth perspective on oil and gas production trends in the Lower 48 U.S. and Canada, utilizing daily satellite imaging of every well.)

Published on Sept. 4^th 2025 to Hyperion Clients:

New Haynesville Pipeline Changes Interstate Flows

SynMax Research: Evidence now suggests that natural gas is flowing on the newly constructed NG3 pipeline in Haynesville, Louisiana. This development has led to a significant drop in Haynesville interstate production pipeline flows over the last two days, with volumes decreasing by as much as 0.5 Bcf/d.

NG3 is designed to move gas from northern Louisiana producing areas south to the Gillis hub. We believe it is highly likely the "Beauregard" interconnect on the TC Louisiana Intrastate Pipeline (TLIP) serves as NG3's primary outlet at the Gillis hub. This is supported by the fact that flows at this interconnection point have been increasing in recent days.

Vulcan Platform Analysis on NG3

By monitoring the status of the Gillis Treating Facility, we can provide valuable, on-the-ground intelligence. Our imagery from August 27th shows significant change at the facility, and subsequent images show little to no change, which supports the conclusion that the NG3 pipeline is now operational.

Reduced Interstate Production Flow Points

The rising flows on NG3 appear to be directly offsetting volumes on existing interstate production points. Our analysis has identified two specific locations that have likely seen reduced volumes as a result of NG3’s completion:

• SpringRidge
• Magnolia Gas - Keatchie

SpringRidge 

Shippers at the SpringRidge location include marketing arms of producers and third-party marketers. The largest shipper at this location is Expand Energy, which has moved over 50 MMcf/d through SpringRidge. Expand Energy is also the main shipper on the new NG3 pipeline, making it highly probable that the company is now diverting volumes from SpringRidge to NG3. This would account for the artificial drop in Haynesville interstate production flows. This trend is evident as Haynesville interstate production flows fell in early September, coinciding with the ramp-up of both the NG3 pipeline and the Louisiana Energy Gateway (LEG) pipeline. A map illustrates the locations of SpringRidge (which accounts for most of the Haynesville interstate production flow drop on the ETC Tiger Pipeline), Beauregard (the NG3 interconnect point with the Louisiana Intrastate Pipeline), and the LEG pipeline.

Magnolia Gas - Keatchie

A similar dynamic is playing out at the Magnolia Gas – Keatchie production receipt point in Keatchie, De Soto Parish, Louisiana, which also likely connects to gathering systems serving Expand Energy wells. This point shows a sharp inverse relationship with the outgoing NG3 flows at Gillis Hub and likely represents a significant portion of the transfer of gas from interstate points to the intrastate NG3 pipeline.

Update to the Daily Production Model

As a result of this analysis we are updating our daily natural gas production model for the sub region Haynesville - LA to better account for the changed interstate pipeline sample. This change will increase our modeled production by 0.30 bcf/d beginning 9/1 with smaller increases starting 8/28. A chart detailing the change is below.

New information is constantly becoming available and our goal is to give our customers the best possible production intelligence. We are closely watching for additional indicators of Haynesville - LA production and will keep you informed as we learn more.

New Pipeline Projects Added

The preceding report highlights how Vulcan could help you proactively prepare for significant pipeline changes.

We currently monitor the compressor stations for the following pipelines: Blackfin, Blackcomb, and Hugh Brinson.

For the Blackfin pipeline we have 4 compressor stations: 1 is completed, 2 have structures, and 1 is land cleared.

For the Blackcomb pipeline we have 2 compressor stations both with land cleared.

For the Hugh Brinson pipeline we have 1 compressor station with land cleared. 

If you are interested in having additional pipelines included in this monitoring, please contact Lead Researcher David Bellman at dbellman@synmax.com.

If you want to monitor something and keep it private for your own team please consider our private monitoring option.  This is an add-on for our Vulcan clients ($25K). If you have a specific project, existing data center, or a unique use case requiring visual monitoring that we currently don't cover, we can add it for you – up to 50 sites weekly. This service eliminates the need for you to hire an image analyst, learn satellite vendor systems, or develop your own capture and analysis workflows – we handle it all. Just like with our other Vulcan products, we'll provide key dates and inform you of changes weekly just for you.

Interested in seeing research across all platforms please reach out to our Lead Researcher David Bellman dbellman@synmax.com