US rig count drop slows, only down by one
EIA: 2019 US production records with fewer rigs, wells; fewer, longer, horizontal wells; from 3.5 wells to 1.5 per month per rig
Kristen Nelson Petroleum News
Baker Hughes’ weekly U.S. oil and gas drilling rig count continues to drop, but only marginally the week ending June 26, down only one rig from the previous week to 265 from 266, although down 702 from a total of 967 a year ago.
Each week in the last eight has set a new record for low numbers of ri....
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