Energy Outlook Advisors' Newsletter

Energy Outlook Advisors' Newsletter

EOA Rig Count Report

Within a year, oil-directed rig count in Tight Oil Plays declined by 77 (with 7 charts)

Anas Alhajji's avatar
Anas Alhajji
Jan 05, 2024
∙ Paid

MAIN TAKEAWAY

We expect an uptick in rig count in the coming weeks, but we do not expect the rig count to increase to the levels that we saw at the end of 2022. While most activities will focus on the Permian, we are keeping an eye on the Williston as 2024 could be a detrimental year for the basin.

IN DETAIL

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 Anas Alhajji · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture