Sunday, February 26, 2012

Haynesville Shale Rig Count: -1 to 64

The Haynesville Shale rig count dropped by one to 64 this week.  Louisiana was down two to 47 and Texas was up one to 17.  Of note, this is the first week...I don't know, ever?...that any company operated more Haynesville rigs than Chesapeake Energy in Louisiana.  This week, EXCO Resources is operating 11 rigs in Louisiana compared to Chesapeake's ten.  (But in total the two companies are tied at 11 because Chesapeake has one rig operating in Texas.)  In Texas, Anadarko is tied with EOG Resources for the lead with four rigs.  XTO Energy, which pretty much ruled the roost through mid-2011 with up to 12 rigs operating in Texas, now only runs three in the state.

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