Natgas Drilling Rig Count Hits 10-Year Low

Full article here.

Views: 287

▶ Reply to This

Replies to This Discussion

Permalink Reply by Hopeful About Natural Gas on April 30, 2012 at 19:06

Boone said that the rig count was the #1 indicator that he watched for the direction of gas prices.

Natgas has really flipped around in the past week. CHK jumped 4% yesterday even after the bad news.

Permalink Reply by Headly on May 1, 2012 at 5:14

Reflecting the dashed dreams of mineral owners.  Maybe in ten years there will be hope.

Permalink Reply by essay on May 1, 2012 at 11:11

10 years is overly pessimistic.

RSS

Support GoHaynesvilleShale.com

Top Content 

1 "Rebalancing Volumes"

"Rebalancing Volumes"
2 BPX hits it out of the park with 3 Bossier Parish CULs

BPX hits it out of the park with 3 Bossier Parish CULs
3 Texas Smackover Lithium Play

Texas Smackover Lithium Play
4 Why powering data centers with gas fired electricity comes with problems

Why powering data centers with gas fired electricity comes with problems
5 Tariffs, Financial Uncertainty Complicate Data Center Development

Tariffs, Financial Uncertainty Complicate Data Center Development
6 Bienville Parish lease offer

Bienville Parish lease offer
7 Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service