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Drilling Activity - Rig Count - 12/6/2019

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   |    Friday,December 06,2019

Rig Count this week was down one rig from last week, according to the Shale Experts rigs database. However, Baker Hughes is reporting a three rig change (-3).

YTD we have seen E&Ps reduce their rig coReduced Rig Count

The reduction by company is being led by strong>Increased Rig Count

There are a few companies that have added rigs year to date: strong>Birch added +3 rigs and

Rig Count By Operator (Top Operators who reduced rigs)

 

 

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What to expect in 2020?

Click here to see what operators are saying about their 2020 development.  For example.  Diamondback currently operating 19 rigs plans to ramp up to 22 rigs in 2020.   Pioneer has been busy adding rigs in the last Month, the company plans to add 2-3 rigs in 2020 as it heads back to 23 rigs.

More here.>


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