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E&P to Drop US Rig Activity From 10 Rigs to 3 in 2016; Eagle Ford, Bakken
With oil price continued deterioration, this E&P has taken the decisive step to cut its rig count from 12 rigs currently to 3 rigs for 2016. Let take a look at the areas that will be affected.
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Permian E&P Ups 2024 Well Completed by +27% vs. 2023
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Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside -