r rolling forward strip of $2.90 (Chart 28). The Barnett, large parts of the Fayetteville and the Rockies are off limits to producers. IRR's in the Haynesville are just below 10%. the lowest since November. If prices remain this low, rig count gains could stall or reverse. Even if nat gas prices were to inc

e below sensitivities in supply growth. These figures deal with onshore tight oil regions only (Anadarko, Bakken, Permian, Appalachian, Eagle Ford, Haynesville and Niobrara), excluding some conventional and all offshore production. Caveats are that the profile of rig count growth, particularly for the high

his December 8th note, Woodmac has an even more aggressive estimate of +9 Bcf/d YoY growth with half of it driven by Appalachian. Woodmac expects Haynesville, which has seen a meaningful revival in its drilling program over the last year and associated gas production from Permian and Midcon to be other k