Monday, May 5, 2014

Haynesville Shale Rig Count: +1 to 25

The Haynesville Shale rig count was up one this week to 25.  Louisiana was up two (Petrohawk and EXCO) to 18, while Texas was down one (Anadarko) to seven.  To paraphrase the Disney movie "Frozen," for the first time in forever, Anadarko and Panola Co. are not at the top of the Texas rig count list.  Panola's benefactor Anadarko has been gradually drawing down its rigs from the Texas side of the Haynesville Shale since the beginning of February 2014, decreasing its count from six to two.  The company has been running a rig in the Louisiana Haynesville for about a year and is now up to two in the Caddo Pine Island field.



2 comments:

Anonymous said...

Robert,

Thank you for all the work/research you do on your site..
My family checks your site out daily..

John

Robert Hutchinson said...

Thank you very much, John.

RH