- Yes: 48%
- No: 21%
- No, but it will be close: 31%
For the record, my hunch is we get close to 51 active rigs in the first half of 2016, and then rebound to near 60 at the end of the year (2016). I assume drillers are contracting rigs for six months at a time, so whatever the number is at the end of January, 2016, it will be close to the number we see at the end of June (winter weather will result in some day-to-day volatility short term, but that will be background noise). The roughnecks have shown their ability to work through some difficult weather. Fracking is a different story, however.
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News
Update, 5:34 p.m. Central Time: Texas panhandle faces 15 inches of snow; historic blizzard.
NWS says 'historic' blizzard could hit Amarillo, Lubbock and parts of the Texas Panhandle, December 26, 2015, 10:30 a.m. Central Time.
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