Finance

Chesapeake to reduce rig count as it awaits closing of Southwestern deal

Chesapeake Energy will nix one rig each in Haynesville and Marcellus shale plays

A Chesapeake Energy mid-continent drilling operation as seen in 2016. Photo: CHESAPEAKE ENERGY
A Chesapeake Energy mid-continent drilling operation as seen in 2016. Photo: CHESAPEAKE ENERGY
North America Energy CorrespondentBaton Rouge
Chesapeake EnergySouthwestern EnergyUnited StatesAmericasNorth America
Published 21 February 2024, 03:14Updated 21 February 2024, 08:21