EOA Rig Count Report
The recent increases in oil prices failed to stimulate drilling activity in shale plays but probably prevented a decline (with 7 Charts)
MAIN TAKEAWAY
The oil-directed rig increased, but the gas rig count declined. The rig count in tight plays increased by 1.
The recent increases in oil prices failed to stimulate drilling activity in shale plays but probably prevented a decline.
IN DETAIL
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