Oil: "Another Surge" in Rig Count
A few comments from Steven Kopits of Princeton Energy Advisors LLC on May 19, 2017:
• Another smokin’ week for the rig count
• Total US oil rigs were up 8 to 720
• US horizontal oil rigs added 14 to 621
Click on graph for larger image.
CR note: This graph shows the US horizontal rig count by basin.
Graph and comments Courtesy of Steven Kopits of Princeton Energy Advisors LLC.