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Heavy Crude: From Glut To Shortage

Some analysts are worrying about…

Arthur Berman

Arthur Berman

Arthur E. Berman is a petroleum geologist with 36 years of oil and gas industry experience. He is an expert on U.S. shale plays and…

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Horizontal Land Rig Count Summary 29th April 2016

The horizontal U.S. land rig count fell 8 to 324 and the total land rig count fell 10 to 391.

Tight oil lost 4 rigs--3 in the Eagle Ford and 1 in the Mississippi Lime-Granite Wash.

Shale gas lost 5 rigs--2 in the Marcellus and 3 in the Woodford.

"Other" horizontal plays gained 1 rig.

 

By Art Berman For Oilprice.com

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