Wednesday, April 12, 2017

Back To 51 Active Rigs -- Aprll 12, 2017

Active rigs:


4/12/201704/12/201604/12/201504/12/201404/12/2013
Active Rigs513093190186

RBN Energy: oil-weighted E&Ps anticipating surge in capital spending in 2017.

Scott Adams: robots read news about United Airlines.

4 comments:

  1. Predicted fifty five by tax day, may or may not make it.

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    1. You did well; I remember that prediction. May or may not hit $55 but awful darn close and the trend was correctly predicted.

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  2. If anything the rig count may fall back to 50. There are 4 surface rigs currently on the list, although only one has moved in the last few days.
    I did see another rig moving into the state on Monday. I saw trucks hauling sections of a rig passing through Belfield on 85 on Monday evening. It looked like a Nabors rig but I wasn't close enough to read the signs on the side.

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    Replies
    1. Yes, I'm sure the number will fluctuate, but it's nice to see activity; keeping folks employed. It really is amazing all the "stuff" that happens on a daily basis to keep everything moving.

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