Energy Outlook Advisors' Newsletter

Energy Outlook Advisors' Newsletter

EOA Rig Count Report

Anas Alhajji's avatar
Anas Alhajji
Jun 23, 2023
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MAIN TAKEAWAY

  • The oil rig count resumed its decline. In the tight oil plays, the rig count dropped by only 3.  

  • The gas rig count was flat last week.

  • The rig count in the Gulf of Mexico (GoM) declined by 2.  Is this a blip or the start of a trend?

IN DETAIL

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