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Is the US Rig Count Fall Slowing? (Continued from Prior Part) US onshore rig count During the week ended September 25, 2015, the US onshore rig count fell by six from the previous week’s count.
Land rigs up 18, offshore up four The U.S. onshore—or land-based—rig count increased by 18 rigs, from 1,814 to 1,832, during the week ending August 8. The number of offshore rigs increased by ...
An onshore driller can turn on and off new drilling with the price of oil or natural gas. Look at the correlation of price to the number of inland rigs in operation to show the difference.
Photo credit: Flickr user Lindsey G. The U.S. onshore oil rig count has fallen for twenty-six consecutive weeks as a result of weak oil prices. Because of that there are now only 868 active oil ...
HOUSTON Government investigators are turning their attention this week to actions by onshore managers for BP and Transocean that may have contributed to the oil rig disaster in the Gulf of Mexico.
ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...
The rig count in the US and Canada continue to decline and I expect the operating rig decline to accelerate in the coming weeks. Decline in onshore based drilling rigs is negative for all onshore ...
Hong Kong-based firm to mobilize rig. The first onshore drilling campaign in the Southeast Asian country of Timor-Leste in nearly 50 years is slated to begin in January 2020, according to operator ...
An onshore driller can turn on and off new drilling with the price of oil or natural gas. Look at the correlation of price to the number of inland rigs in operation to show the difference.
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