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Rig migration is dampening U.S. gas production, according to Goldman, which says moving a rig...

Rig migration is dampening U.S. gas production, according to Goldman, which says moving a rig from the Haynesville shale gas formation to neighboring and liquids-rich Eagle Ford cuts the rig's gas output in half. The number of rigs drilling at Haynesville has plunged since early 2011 from more than 150 to fewer than 50 while Eagle Ford rigs have soared to nearly 250 from ~100. (also)
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Comments (3)
  • pete123
    , contributor
    Comments (884) | Send Message
     
    same WSJ/Goldman article says trend to move from dry gas to wet or oil will not reverse until NG is at $5.30/mmBtu . No mention of timing.
    24 Sep 2012, 04:53 PM Reply Like
  • rajesh007
    , contributor
    Comments (13) | Send Message
     
    nat gas $5.30 by dec 2013....you can call me for tech analysis @ 0091-9231878445. or visit RAJESH V HATHIRAMANI on fb
    25 Sep 2012, 12:39 AM Reply Like
  • Loon-a-tick
    , contributor
    Comments (1878) | Send Message
     
    I hope so Raj!
    25 Sep 2012, 11:27 AM Reply Like
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