THE GHS HAYNESVILLE SHALE RIG TRACKER.

I'll update each week so we can follow the rig count.  I am only counting rigs drilling the Haynesville and Bossier formations.  Many industry rig numbers are for the "Haynesville Area",  however they may defined that, and includes wells drilling other formations.

Scroll down for each new weekly count.  I am deleting the January 26 rig count that I used to start this discussion and replacing it with a running list showing the rig count by state by week.

1/26.    LA - 26, TX - 14: 40

2/1.      LA - 27, TX - 14:  41

2/8.      LA - 25, TX - 13:  38

2/14.    LA - 25, TX - 14:  39

2/21.    LA - 26, TX - 14:  40

2/28.    LA - 24, TX - 14:  38

3/6.      LA - 27, TX - 13:  40

3/14.    LA - 24, TX - 15:  39

3/21.    LA - 25, TX - 15:  40

3/27.    LA - 26, TX - 11:  37

4/4.      LA - 25, TX - 9:    34

4/10.    LA - 26, TX - 9:    35

4/17.    LA - 23, TX - 9:    32

4/24.    LA - 23, TX - 10:  33

5/1.      LA - 23, TX - 10:  33

5/8.      LA - 22, TX - 9:    31

5/15.    LA - 19, TX - 10:  29

5/22.   LA - 21, TX - 10:   31

5/26.   LA - 19, TX - 11:   30

5/29.   LA - 20, TX - 11:   31

6/5.     LA - 21, TX - 10:  31

6/12.   LA - 20, TX - 10:  30

6/19.   LA - 21, TX - 11:  32

6/26.   LA - 21, TX - 12:  33

7/3.    LA - 20, TX - 15:   35

7/10.  LA - 20, TX - 15:   35

7/17:  LA - 20, TX - 11:   31

7/24:  LA - 21, TX - 11:   32

7/31:  LA - 19, TX - 12:   31

8/7:    LA - 22, TX - 12:  34

Tags: L

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Skip, do you have a feeling as to time frame per well that a rig is on location? Spud to Setting casing at the end of the lateral?

Also, are you seeing operators using spudder rigs for the surface and/or intermediate parts of the hole before bringing in the big (and more expensive) rig for lateral drilling?

Just curious 

No, reports of spudder rigs but I would offer a qualified yes where there are multiple wells being drilled on the same pad.  SONRIS Scout Reports often show a well with some portion of the vertical drilled but with the notation, WOR (Waiting On Rig).  Often that rig is drilling on the same pad.  As to time frame spud to final casing string, I don't have a handle on that from my usual day to day work.  The reason is that there is a wide variety in the lateral lengths being drilled across all operators so far this year.  Therefore the time frame varies accordingly.  Pick a specific lateral length range and I can probably scare up enough data to give a reasonably good estimate.

It seems that some companies have gone into "lease retention" mode in order to drill the fewest wells required to maintain their HBP positions or meet their MVC obligations (midstream Minimum Volume Commitments).  In some cases that means only a single unit H well as opposed to a HC (Cross Unit Lateral) well or wells.  If commodity prices remain low, we may see this trend lead to more re-fracs.  Enough have been done successfully that it isn't so much a science experiment at this point.

Skip, thanks for those comments. No surprise to see the "how can we hold the most acreage for the least amount of drilling / cost?" dance being performed.

That is one that has been in the oilfield since Colonel Drake drilled his first well in PA.

The Haynesville Shale Fairway has held up better than most basins during the demand downturn.  It is impressive that as of Friday there were 34 rigs deployed drilling either Haynesville or Mid-Bossier shale wells.  Haynesville focused operators are touting their reduced D&C (drilling and completion) costs and rates of return in a number of energy media articles covering the 2nd quarter.  With a rise in price and predictions of improving prices over the remainder of the year, we may see a rise in the rig count.

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