Tag Archives: Oil Production Drop

The Biggest 2-Week Rig Drop Since The 1980’s

US Drilling Sees The Biggest 2-Week Rig Drop Since The 1980s Over the past two weeks, the US land rig count has fallen 171 rigs. That’s more than any two-week period during the downturns of 2008, 2001, or 1998. In just the past 3 months, the rig count has fallen 25%, about 467 rigs. We […]

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