Tuesday, November 7, 2017

Tuesday, November 7, 2017

Active rigs:

$57.2511/7/201711/07/201611/07/201511/07/201411/07/2013
Active Rigs523864193181

RBN Energy: natural gas production from crude-focused basins growing again.
Lower-48 natural gas production has climbed more than 4.0 Bcf/d in the past 10 months. While Marcellus/Utica activity continues to drive the bulk of the recent increases in total volumes, crude-focused basins, like the Permian and SCOOP/STACK plays, also are picking up steam as a new generation of oil rigs is deployed to the fields and vying for market share. In other words, production growth is no longer a one-man — uh, one-basin — show. Today, we look at what’s happening with gas production outside the Northeast.
Lots of stuff to blog, but I think I'm going to wait after I drive the granddaughters to school. 

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