Chesapeake Energy to reduce Haynesville, Marcellus rig count following Southwestern natural gas megadeal : vimarsana.com

Chesapeake Energy to reduce Haynesville, Marcellus rig count following Southwestern natural gas megadeal

Chesapeake is currently operating nine rigs (five in the Haynesville and four in the Marcellus) and four frac crews (two in each basin). Given current market dynamics, the company plans to defer placing wells on production while reducing rig and completion activity.

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