Friday, March 19, 2010

Detailed Haynesville Rig Counts

By my calculations, the Haynesville Shale rig count increased by four to 165, which represents 80% of the rigs working in north Louisiana and east Texas.  The Louisiana Haynesville Shale rig count showed an increase of two rigs to 125.  I've only got two observations: 1) Sabine Parish has seen the rig count increase from four on Jan. 8 to seven this week, and 2) there is another new entrant, Eagle Oil & Gas (BP entered last week).

On the Texas side, the rig count also went up by two to 40.  EOG added two rigs this month, and Cabot and Southwestern Energy both showed up with new Haynesville locations.  Geographically, Shelby Co. strengthened its lead over Harrison Co. and Nacogdoches Co. added a couple of rigs.

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