by Calculated Risk on 6/02/2017 05:32:00 PM
Friday, June 02, 2017
A few comments from Steven Kopits of Princeton Energy Advisors LLC on June 2, 2017:
• A middling week for rig additionsClick on graph for larger image.
• Total US oil rigs were up 11 to 733
• US horizontal oil rigs added 7 to 633
• Rig additions may still have been affected by logistics considerations associated with the Memorial Day weekend
CR note: This graph shows the US horizontal rig count by basin.
Graph and comments Courtesy of Steven Kopits of Princeton Energy Advisors LLC.
Posted by Calculated Risk on 6/02/2017 05:32:00 PM