Baker Hughes Rig Count: U.S. +6 to 929 rigs
U.S. Rig Count is up 6 rigs from last week to 929, with oil rigs up 2 to 749, gas rigs up 4 to 180, and miscellaneous rigs unchanged.
U.S. Rig Count is up 332 rigs from last year's count of 597, with oil rigs up 272, gas rigs up 61, and miscellaneous rigs down 1 to 0.
The U.S. Offshore Rig Count is down 2 rigs from last week to 20 and down 2 rigs year-over-year.
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Baker Hughes seems to count all rigs in north and northwest LA as "Haynesville". Five of the wells are drilling Cotton Valley in Lincoln and Jackson parishes (not "Haynesville area") and in the "Haynesville Area" not all rigs are drilling Haynesville Shale wells. Go figure.
I'd sure take them here verses the big goose egg we have now, whatever the target was!
It's the same in TX. The one rig in Nacogdoches is drilling Travis Peak and the one in Shelby is in the Cotton Valley.
We currently have 6 rigs in San Augustine, 2 in Angelina (missing on BH map), 1 in Gregg (missing on BH map) and 4 in Panola that are actually drilling HA.
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…
ContinuePosted by Char on May 29, 2025 at 14:42
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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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