Infill Thinking Lifting the O&G knowledge curve
Last November before the OPEC meeting, we published a 2017 US land rig count forecast, which called for about 825 US land rigs working at year-end 2017. At the time, our forecast called for sharper growth during 1H17 than consensus expectations, with the pace of activity gains leveling off during 2H17.
In this update, we compare our forecast to actual results and revise our forecast for the duration of 2017.
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Feature image credit: Instagram user @conocophillips
