Oil Rigs: "A rebound after last week's fall"

A few comments from Steven Kopits of Princeton Energy Advisors LLC on July 6, 2018: • Rig counts recovered after last week's lousy numbers • Total oil rigs are up, +5 to 863 • Horizontal oil rigs rebounded, +6 to 771 ... • The big movers this week were the Cana Woodford, -6; and Other US, +7. Expect some reversal of these numbers next week. Click on graph for larger image. CR note: This graph shows the US horizontal rig count by basin. Graph and comments Courtesy of Steven Kopits of Princeton Energy Advisors LLC....(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2ugICft
via IFTTT