The gas rig count rose more modestly, with the Haynesville adding 2 of the 3 rigs.
The Canadian oil rig count rose by 7, to a strong 200 rigs. And the gas rig count dropped by 4 but remains close to a 2 year high:
Visual exploration of US energy supply and demand
Friday, January 27, 2017
Rigs Counts Surge Higher: Oil +15 Gas +3
The US oil rig count rose 15 to keep the drilling revival on trend, confirming that the current oil price environment in the $50's is enough to generate strong returns, especially in the Permian, SCOOP, and Eagle Ford.
The gas rig count rose more modestly, with the Haynesville adding 2 of the 3 rigs.
The Canadian oil rig count rose by 7, to a strong 200 rigs. And the gas rig count dropped by 4 but remains close to a 2 year high:
The gas rig count rose more modestly, with the Haynesville adding 2 of the 3 rigs.
The Canadian oil rig count rose by 7, to a strong 200 rigs. And the gas rig count dropped by 4 but remains close to a 2 year high:
