WTI settled at $60.69 and Henry Hub surged to $5.96 as the U.S. rig count increased by one to 544, with Louisiana’s total rig count ticking up to 44 rigs. Haynesville activity strengthened with North Louisiana rising to 30 rigs and five new wells, while South Louisiana declined to six rigs and no new offshore permits were issued.
Weekly Energy & Rig Activity Update
- Commodity Prices
- WTI settled up week-over-week at $60.69
- Louisiana Light settled slightly lower at $60.47
- Henry Hub natural gas surged, settling at $5.96
- U.S. Rig Count
- Total U.S. rigs increased by 1 to 544
Louisiana Rig Activity
North Louisiana (Haynesville)
- Rig count increased to 30 rigs
- Five new wells reported this week
- Active operators include:
- Apex Natural Gas
- Expand Energy
- Comstock
- BPX Energy
- EXCO Operating
- GP Haynesville
- Insight 4
- Azul Operating
- Magnitar Operating
- Key operating parishes:
- DeSoto
- Sabine
- Bienville
South Louisiana
- Rig count declined to 6 rigs
- Operators with one rig each include:
- Magnitar
- Square Mile Energy
- Walter Oil & Gas
- Activity reported in:
- Lafourche (LFU)
- Calcasieu
- Iberia
- St. Martin
Offshore – Gulf of America
- 8 active offshore rigs
- No new offshore permits issued this week
Permitting Activity
- 8 new onshore permits issued across 5 parishes:
- Caddo
- DeSoto
- Acadia
- Plaquemines
- Richland
Total Louisiana Rig Count
- 44 rigs statewide, ticking up week-over-week
