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EOA Rig Count Report

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EOA Rig Count Report

Anas Alhajji
Mar 24, 2023
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EOA Rig Count Report

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MAIN TAKEAWAY

The impact of declining oil prices on the rig count remains limited. Usually, there is a lag between the change in oil prices and the change in the rig count, but given current data, drilling activities remain robust. Companies added 4 oil rigs in the tight oil plays.      

IN DETAIL

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