Energy Outlook Advisors' Newsletter

Energy Outlook Advisors' Newsletter

EOA Rig Count Report

Since the beginning of the year, oil-directed rig count in tight plays declined by 92! (7 CHARTS)

Anas Alhajji's avatar
Anas Alhajji
Nov 03, 2023
∙ Paid

MAIN TAKEAWAY

The oil-directed rig decreased, mostly because of a decline in rig count in non-shale areas. The rig count in the Gulf of Mexico also declined. Will we see a decline in oil production soon as the EIA expects?

IN DETAIL

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