Haynesville Shale Drilling Continues to Exceed M-U Drilling
Each week when we bring you the latest rig counts for major shale plays across the country (from S&P and Enverus), and each month when we bring you the latest production numbers for the major shale plays (from the U.S. Energy Information Administration), we typically say something along the lines of this: The major competitor to the Marcellus/Utica has been and continues to be the Haynesville, located Louisiana and East Texas. Last week the Haynesville operated 56 rigs while the M-U operated a combined 45 rigs (see Enverus Rig Count @ 599 (-5); Marcellus @ 33 (+1), Utica @ 12 (-1)). Why is the Haynesville winning out over the prolific M-U?
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