The rig count fell by 12 to 268 according to the report, an 83.4% drop from the peak reached in 2008.
Falling rig counts in natural gas and crude oil should begin to lower record high production in both markets toward the end of 2015.
natural gas
Tuesday, March 10, 2015
Baker-Hughes Natural Gas Rig Count - Rig Count Falls To A 22-Year Low
Last Friday's Baker-Hughes rig count data for natural gas showed another drop in the rig count falling to the lowest level since April 1993.
The rig count fell by 12 to 268 according to the report, an 83.4% drop from the peak reached in 2008.
Falling rig counts in natural gas and crude oil should begin to lower record high production in both markets toward the end of 2015.
The rig count fell by 12 to 268 according to the report, an 83.4% drop from the peak reached in 2008.
Falling rig counts in natural gas and crude oil should begin to lower record high production in both markets toward the end of 2015.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment