Friday, May 27, 2011

Haynesville Shale Rig Count: -3 to 131

To nobody's surprise, the Haynesville Shale rig count continues to slide, declining by three this week to 131 working rigs.  The Texas count held at 33, while the Louisiana count dropped by three to 98, the first time since I started counting a year and a half ago that it has broken 100.  Pretty soon we might be looking at rig counts resembling competitive golf scores for 18 holes for the LA count.

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