RigData Insights

Monthly Trend is Up Even Though Recent Count Slips

  • Friday, July 14, 2017
  • Posted By Meagan Wildfong

071417
Source: RADAR | July 6, 2014

 

Industry-watchers looking for the US land rig count’s trend to track with the falling price of oil received a little confirmation with the most recent sample data from Friday June 30, 2017. The US land rig count slipped by 13 rigs to a total of 916 actively drilling. Contrasting the recent weekly move down, the monthly US rig count continued its climb higher with 914 rigs drilling on average across the country, up 29 rigs versus May’s average.

 

The table above breaks down the monthly average US land rig counts by major drilling regions.

 

To see complete article from our RADAR report, please contact Customer Service at 817-371-0083.

 

 

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