U.S. oil and gas rig count fell to 548 for the week ending December 12 according to Baker Hughes, despite some significant gains in gas-directed basins. Rigs were added in the Haynesville (+4), Anadarko (+1), Eagle Ford (+1) and Appalachia (+1), while the Permian (-2), Niobrara (-1), Gulf of Mexico (-2) and All Other (-3) all declined week on week. Total U.S. rig count is up 11 in the last 90 days, but remains down 41 from this week a year ago.
via RBN Energy https://ift.tt/VKF8OcY
Categories: Energy