RigData U.S. rig count is 1,007 rigs, down 15 from the previous week, and down 145 from a year ago. For more details get the RigData Weekly Rig Counts report every week. Contact our customer service team and product support team.
After languishing in a tight band between 930 and 940 for 10 weeks the US active rig count broke away from this constricted space. But it was in the wrong direction . . .
NYMEX WTI Light Sweet Crude Oil Futures are slightly backwardated over the next three years, indicating the market's generally bearish sentiment towards the energy . . .
After a promising surge in the first quarter of 2019 new wells spuds have throttled back. The decrease followed a roughly 30% drop in oil prices in the fourth quarter of 2018 . . .
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