Number of rigs in the Fayetteville declined by 33%. Second highest decline, only exceeded by the Arkoma Woodford which was down 75%.

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Decrease in activity directly tied to gas prices IMO. Companies hopefully have acreage HBP and can "bank" the gas reserves for future drilling / production (and hopefully higher prices)

As an update.... June 2014The rig count may improve as I see higher prices appears to have jarred Billiton and XTO off the sidelines and both appear to have more wells to drill.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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Posted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00

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