U.S. Rig Count Ticks Higher As Oil Prices Head For Another Weekly Gain
The number of total active drilling rigs in the United States rose by 7 this week, after an increase of 3 rigs in the week prior
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The number of total active drilling rigs in the United States rose by 7 this week, after an increase of 3 rigs in the week prior
The assumption that U.S. shale production can be increased at will is not one that stands up to scrutiny, with shale drillers facing a plethora of challenges
The rig count has continued to climb as the market continues to call for more oil, with the count hitting its highest level since April 2020
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The number of total active drilling rigs in the United States rose by 4 this week, after a sizable increase of 16 rigs in the week prior