Chesapeake Energy's earnings conference call Tuesday included an update on its drilling plans, which call for cutting the number of rigs dedicated to dry natural gas from 47 to eight by 2013, but the trimming will happen outside the Barnett Shale. The Star-Telegram reported in May that the Oklahoma-based producer was reducing its active rigs in the Barnett from a dozen at the start of 2012 to just two by summer. Julie Wilson, Chesapeake's top officer in the field, said Wednesday that the company will stick with two rigs in the Barnett "for the foreseeable future." The Houston Chronicle's FuelFix blog has a report on Tuesday's conference call here.
-- Jim Fuquay