Attached is a set of charts that show the historical trends in rig count for the Haynesville / Bossier Shale play.
I have also included a chart that shows the decline in well permits and rig count in Louisiana.
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wow. those are some dramatic charts. thanks for compiling and posting them.
T. Boone Pickens recently said to "follow the rig count" to track natgas prices ... gulp ...
Thanks!
No sense in taring and feathering the messenger
LesB-- thanks for chart it make what you and I were talking about the other day very clear about drilling winding down in the dry gas fields :( However we know the gas is still in the ground and not going anywhere so one day when prices improve with economy and demand They will be back to lease and drill again. When is big question that we all can only speculate about--- thanks again for great chart of what is truely going on in Haynesville Shale Nat Gas Fields Community.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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