The latest gas rig count shows a fall by 13 rigs last week to 366 down 247 from one year ago.
In contrast the oil rig count increased 10 to 1,381.
When will total US natural gas production go into decline?
What we need now is a blazing summer. ECA is heading back to haynesville, but I don't see many coming back into other areas. They want to retain some juicy leases nearing expiration. That would be the only reason for anybody to spud a dry NG well.