Comstock Resources Inc (CRK) |
Why natural gas rig counts are on a declining trend again
The U.S. natural gas rig count was down by nine rigs—from 338 to 329—during the week ending September 19. The Eagle Ford and Cana Woodford lost 18 and 15 rigs, respectively, last week. This was the second decline in the weekly rig count in the past three weeks. Rig counts have been on a downward trend for about three years.