Energy Outlook Advisors' Newsletter

Energy Outlook Advisors' Newsletter

EOA Rig Count Report

Anas Alhajji's avatar
Anas Alhajji
Jun 16, 2023
∙ Paid

MAIN TAKEAWAY

  • The oil rig count resumed its decline but the net decline was only 1 in tight oil plays.

  • The gas rig count in the Haynesville basin halted its decline and remained unchanged compared to last week.

  • However, it seems there is a shift in the gas-directed rig count from the Marcellus to the Utica.

IN DETAIL

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