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

Anas Alhajji's avatar
Anas Alhajji
Feb 17, 2023
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Energy Outlook Advisors' Newsletter
Energy Outlook Advisors' Newsletter
EOA Rig Count Report
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MAIN TAKEAWAYS

Drilling activities remain relatively strong.  The oil-directed rig count in tight oil plays increased by 1, although the total for the US decreased by 2 rigs. Most of the decline was outside the tight oil plays as shown in Figure (1) below.

IN DETAIL

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