“A quiet week for rigs counts”

"A quiet week for rigs counts"

“A quiet week for rigs counts”

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by Bill McBride on 6/17/2018 08:11:00 AM

A few comments from Steven Kopits of Princeton Energy Advisors LLC on June 15, 2018:

• Total oil rig counts rose 1 to 863

• Horizontal oil rigs added 2 to 765

• After a heady gain last week, the Permian gave back 4 rigs

Oil Rig CountClick on graph for larger image.

CR note: This graph shows the US horizontal rig count by basin.

Graph and comments Courtesy of Steven Kopits of Princeton Energy Advisors LLC.



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