All articles by Adam Williams

Adam Williams

Haynesville gas production growth interrupted by demand shock due to Covid-19

The number of active natural gas rigs in USL48 stood at 85 on April 21, which is a 54% decrease from the same period last year. Haynesville, being a major natural gas producing basin, was averaging approximately 55 rigs throughout 2018 and 2019 reduced to approximately 33 rigs as of April 24th.