Energy Outlook Advisors' Newsletter

Energy Outlook Advisors' Newsletter

EOA Rig Count Report

In 14 weeks, Permian oil-directed rig count declined by 35 (6 charts).

Anas Alhajji's avatar
Anas Alhajji
Aug 11, 2023
∙ Paid

MAIN TAKEAWAY

  • The oil-directed rig count was flat WoW. The oil-directed rig count in tight plays was also flat. It could be a bottom for the year.

  • The surge in gas rigs in the Permian that started last month came to an end last week.

IN DETAIL

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