Wednesday, January 12, 2011

Ticker Change: Rig Count

I made a change on the "Haynesville Shale Shapshot" at the top of the page.  The rig count column now compares the current Louisiana Haynesville Shale rig count versus historical numbers.  Previously I used the rig count for all of north Louisiana, which I felt was a good proxy for Haynesville activity since +/-90% of the rigs drilling the area were targeting the Haynesville Shale.  Now that I have been collecting rig-by-rig data for the past year, I have a full 12 months of comparable data.  In two weeks (when I have a full 12 months of Texas rig data) the graphic will change to all Haynesville rigs.

I also started calling it the "Snapshot" instead of "Ticker" because I thought it was a better reflection of the data.

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