A few comments from Steven Kopits of Princeton Energy Advisors LLC on Sept 8, 2017:
• Rig counts were off modestly this week
• Total US oil rigs were down 3 at 756
• Horizontal oil rigs were down 1 at 643
…
• Drilling Info rig counts are plateauing, still higher than Baker Hughes• Texas – and Baker Hughes’ headquarters – faced challenging conditions this past week; numbers may be a bit more unreliable than usual.
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.