Helping Clients With Their Energy and Environmental Needs

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Rig Counts

By Greg Russell

The Star Telegram has an interesting article on rig counts:  "Those 'oily' plays are sending the U.S. and Texas drilling rig counts soaring. Oil production nationally and in the Lone Star State is increasing, a phenomenon that many industry veterans thought they might never again see after a steep decline in oil output that has been nearly 40 years in the making.  *** Amid the new craze for crude, the Barnett Shale rig count plummeted to 53 active rigs Oct. 14, the fewest since June 11, 2004, according to information compiled by RigData."

Tags: Energy, Shale

Helping clients with their energy and environmental needs

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