US oil, overall rig counts creep upward; firms plot second-half activity

Jul
29
2016

Thanks to another rise in oil-directed units, the US drilling rig count barely held on to its recent upward momentum during the week ended July 29. The modest increase comes during a week in which many US exploration and production firms outlined second-half drilling plans in second-quarter earnings reports.

…read more

Source: Oil Gas Journal

  

Leave a Reply

Your email address will not be published. Required fields are marked *

© Gates Oil & Gas, LTD 2013