Infill Thinking Lifting the O&G knowledge curve
In our latest US onshore rig count forecast (updated in April), we estimated that active drilling rigs would peak at 950 units this year.
As we stand today with 934 rigs turning to the right, our prediction leaves only ~16 rig additions left until hitting a US drilling plateau in 2H17.
With 2Q17 earnings season in the books, we summarize the US land rig count outlook of each public onshore driller. Spoiler alert, most seem to agree with our assessment from a quarter ago.
There’s a lot more to this story…
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