Shale Daily / NGI All News Access

Shale Rigs Gain on the Week, Remain Lower than Last Month

Shale gas plays gained 14 active rigs to 964 rigs in the week ended April 29 over the previous week's 950 rigs for a 1% increase, but the total was a 2% decrease from the 981 rigs active a month ago for the week ending April 1, according to NGI's Shale Daily Unconventional Rig Count.

The most recent count was 16% higher than the 832 rigs reported a year ago.

Among the major basins, only the Barnett Shale showed a decline, from 71 rigs a week ago to 67 rigs as of April 29. The Shale Daily rig count is compiled using basic rig data collected by Smith Bits, a Schlumberger company.

Friday's tally showed the Bakken/Sanish/Three Forks up 2% to 176 active rigs, while the Marcellus was up 1% to 143 active rigs. The Haynesville/Bossier came in at 140 rigs on Friday, 1% more than the previous Friday.

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