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Hart Energys Unconventional Activity Tracker (Week of April 20, 2020)
2020-04-20 22:28:16| OGI
As of this week, the rig count decline is nearing the decline of 2015. It fell about 10 rigs per day this week and in 2015-2016, it fell about 12-15 per day.
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Hart Energys Unconventional Activity Tracker (Week of April 13, 2020)
2020-04-13 22:43:08| OGI
U.S. rig count is at the lowest level its been since December 2016. Oil futures down more than 50% since the beginning of 2020 as Saudi Arabia and Russia cut prices and boosted output in a battle for market share.
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Hart Energys Unconventional Activity Tracker (Week of April 6, 2020)
2020-04-06 23:44:34| OGI
This week, and just like that, the rig cascade got underway. Hart Energys Unconventional Activity Tracker fell 49 units over the last week, or seven rigs per day.
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