Activer Rig Count - Feb 27
Posted: Fri Feb 27, 2015 4:57 pm
Baker Hughes reports that the North American active rig count is down another 73 rigs this week.
U.S. Land rigs down 42 to 1,208. I believe the onshore rig count will drop below 1,000 by the end of April (maybe sooner).
Rigs drilling for oil now at 986, compared to 1,430 a year ago.
U.S. Land rigs down 42 to 1,208. I believe the onshore rig count will drop below 1,000 by the end of April (maybe sooner).
Rigs drilling for oil now at 986, compared to 1,430 a year ago.