Infill Thinking Lifting the O&G knowledge curve
Three of the largest US land drillers (together controlling 35% of the market) openly resisted the downward trending rig count last week.
The US land rig count fell in 9 of the last 12 weeks and is off 5% from peak. The prevailing view has been that this decline would continue, perhaps even into early-2018. But collective drilling contractor commentary suggests the dip may be short-lived at least for higher quality fleets.
There’s a lot more to this story…
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