Friday, April 15, 2011

Haynesville Shale Rig Count: -7 to 139

Baker Hughes made up for two weeks of inattention by a vastly updated rig count for the Haynesville Shale region.  This week's count showed a seven rig decrease, bringing the total number of rigs working the Haynesville Shale down to 139.  The count was down five in Louisiana to 103 and down two in Texas to 36. This level is 45 rigs lower than the high water mark achieved in July 2010.  The trend of decline is one we expect to continue to see.  Updated maps and spreadsheets have been posted.

1 comment:

Anonymous said...

Actually the count is down 48 rigs from a high of 187 in June 2010.