THE GHS HAYNESVILLE SHALE RIG TRACKER.  2022

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.

1/7:  LA - 33, TX - 20:   53

1/14: LA - 35, TX- 21:   56

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1/7:

LA: 33 - DECREASE OF 3.

Bienville: Aethon (3)

Bossier: Aethon (2), BPX (1)

Caddo: Trinity (3), Blue Dome (1), Chesapeake (2), BPX (1)

DeSoto: Comstock (2), Vine (1), EXCO (1), GEP Haynesville/SWN (4),Indigo/SWN (1), Chesapeake (1), Goodrich (1)

Natchitoches: Aethon (1)

Red River: GEP Haynesville (1),Indigo/SWN (1), Tellurian (1), BPX (1)

Sabine: Indigo/SWN (3), GEP Haynesville/SWN (1), Chesapeake (1)

Webster: 0

TX:  20 - NO CHANGE.

Angelina: Aethon (4)

Harrison: Rockcliff (3), Comstock (2)

Nacogdoches: 0

Panola: Rockcliff (1), Sabine (2), Petroquest (1), Pine Wave (1), Slant Operating (1), R Lacy (1)

San Augustine: Aethon (3), C6 Operating (1)

Shelby: 0

Skip,

I am new to this site, can you please tell me what you think about selling minerals? Also do you have any news about section 5 in Belmont Louisiana. We lease to Chesapeake. They are currently drilling two wells from section 23 through section 5. Do you have any information regarding this? Thanks in advance for your help.

Regards,
Todd Strahan

Todd, welcome.  Chesapeake now has a rig on site to drill the two wells that include your Section 5.  That means you are probably getting letters making offers to buy your mineral rights or royalty.  Buyers prioritize minerals that are getting new wells as it provides them with a quick return on their investment.  In general, my opinion is that your mineral rights are an asset that you may sell or hold as you think best.  Every instance is unique as to the value of the minerals and the needs of the owner.  My only concern is that those who choose to sell get a fair market price.  There are many variables to determining value.  Your Section 5 has not had any Haynesville or Bossier reserves developed so you are looking at 12 wells over the long term.  They should all be drilled in time but this is the point where they are most valuable to a buyer.  Don't get in a rush to make a decision and don't let anyone rush you.  Many buyers will put a time limit on their offer.  Just know that up until a few months after the first two wells are completed and turned to sales, the value does not go down and it may very well go up.  Start by clicking on this link and getting an understanding of some fundamentals.  Since you are already leased, you can skip past the part on leasing and read about valuing and selling minerals.  Good luck.

https://gohaynesvilleshale.com/mineral-owner-rights-101

Skip, my wifi is out and having significant concerns about leases. Would you email me concerning status of proposed combined units @ iebaird@ymail.com GHS does not work well on iphone.

1/14:

LA: 35 - INCREASE OF 2.

Bienville: Aethon (4), Comstock (1)

Bossier: Aethon (2), BPX (1)

Caddo: Trinity (2), Blue Dome (1), Chesapeake (3), BPX (1)

DeSoto: Comstock (1), Vine (1), EXCO (1), GEP Haynesville/SWN (4),Indigo/SWN (1), Chesapeake (1), Goodrich (1)

Natchitoches: Aethon (1)

Red River: GEP Haynesville (1),Indigo/SWN (1), Tellurian (1), BPX (1)

Sabine: Indigo/SWN (3), GEP Haynesville/SWN (1), Chesapeake (1), Vine (1)

Webster: 0

TX:  21 - INCREASE OF 1.

Angelina: Aethon (4)

Harrison: Rockcliff (2), Comstock (2), tRINITY (1)

Nacogdoches: 0

Panola: Rockcliff (2), Sabine (2), Petroquest (1), Pine Wave (1), Slant Operating (1), R Lacy (1)

San Augustine: Aethon (3), C6 Operating (1)

Shelby: 0

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