Rigs in the Barnett Shale took a big drop this week, falling by seven to 29, the lowest since at least January 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 there were 1,762 active rigs, up three, said Baker Hughes. Gas rigs declined by four to 421, and oil rigs rose seven to 1,337.
-- Jim Fuquay