Haynesville Shale rig count in decline as gas price falls

Friday, 05 May 2023

Shut-ins at Haynesville Shale has reduced rig counts by three and Lower 48 gas rigs are down by five to a total of 157 as production started a long-awaited decline in response to falling Henry Hub spot prices. But associated gas gains at Permian oil rigs still drive production growth and gas-burn in the power generation sector continues to be strong. 

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