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
Click 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.