Rig Counts

Posted on October 23, 2011 by Vorys

The Star Telegram has an interesting article on rig counts:  "Those 'oily' plays are sending the U.S. and Texas drilling rig counts soaring. Oil production nationally and in the Lone Star State is increasing, a phenomenon that many industry veterans thought they might never again see after a steep decline in oil output that has been nearly 40 years in the making.  *** Amid the new craze for crude, the Barnett Shale rig count plummeted to 53 active rigs Oct. 14, the fewest since June 11, 2004, according to information compiled by RigData."

Tags: ,
Contact Us

Information sent through this Contact Us form or by email is not necessarily secure. Please do not transmit confidential information. Email sent to Vorys or any of its attorneys will not establish an attorney-client relationship. The information you obtain on our website is not, nor is it intended to be, legal advice, nor is it intended to create an attorney-client relationship. Please read our Disclaimer for more information.

Send To A Friend Use this form to send this entry to a friend via email.