Barnett Exclusives

Pricing appears to have bottomed for well stimulation services in the traditional dry gas shales, including the Barnett, Haynesville and dry Woodford.

Operators entering maintenance mode as E&Ps wait out direction in commodity prices.

Though drilling activity has held up in dry gas basins such as the Barnett, Fayetteville and Haynesville, rig rates are following the price cuts in oil-dominated markets.

Barnett - Texas Drilling Permits Trends

7 Day Trend8 (-2)
30 Day Trend35 (-14)
1 Year Trend1487 (-160)
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Barnett Gross Acreage

Company Net Acreage
Devon Energy 620,000
EOG Resources 298,000
Chesapeake/Total 266,700
ExxonMobil 265,000
All Top Acreage Holders