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

|By:, SA News Editor

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)