Barnett Shale rigs decline to 10-year low

Posted Friday, Feb. 15, 2013 0 comments  Print Reprints
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Rigs in the Barnett Shale took a big drop this week, falling by seven to 29, the fewest since at least 2003, according to RigData.

Nearly all the field's active rigs are in areas holding crude oil or natural gas liquids.

Wise County leads with 11, followed by Montague with four, and Denton and Johnson with three each.

Nationally, 1,762 rigs were active, up three, Baker Hughes said.

Gas rigs declined by four to 421, and oil rigs rose seven to 1,337.

-- Jim Fuquay

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