According to the Platts RigData Locations & Operators Report, the U.S rig count remained stable, staying at 1,064 rigs.
As Hurricane Harvey barrels into Texas refining hubs, gasoline prices have already begun to rise in Houston and nationwide.
If you have landed on this page you most likely were at this year’s LAGCOE show or received the recent issue of LOGA Industry Report.
“Tapping the brakes” is as good a description of what’s happening in US land drilling activity today as any, and it applies to drilling costs as well.
According to the Platts RigData Locations & Operators Report, the U.S rig count stumbled a bit to 1,064 rigs from last week (-14).