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Crosstex Energy, Inc. Message Board

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  • lisahuang54321 lisahuang54321 Feb 7, 2010 12:29 PM Flag

    Excellent Shakeout!

    Oh yeah, as for NG rig count...well even when rig count dropped by half last year, production hardly decreased at all. So now that rig count has roared back so strong, production is sure to increase.

    The thing is that the rigs being brought back are mostly horizontal rigs which can produce as much as 8 times conventional rigs. So even if total rig count is lower, the potential production is still higher.

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