Energy Outlook Advisors' Newsletter

Energy Outlook Advisors' Newsletter

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Energy Outlook Advisors' Newsletter
Energy Outlook Advisors' Newsletter
EOA Rig Count Report

EOA Rig Count Report

Oil-directed rig count in tight plays is increasing (with 7 charts)

Anas Alhajji's avatar
Anas Alhajji
Jan 26, 2024
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Energy Outlook Advisors' Newsletter
Energy Outlook Advisors' Newsletter
EOA Rig Count Report
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MAIN TAKEAWAY

Earlier this month we wrote “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”   That uptick is already happening as oil-directed rig count in tight plays increased to 426 and expected to continue increasing.

IN DETAIL

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