Back To 300 By Thanksgiving? It’s Not Too Soon To Put The Impressive Rig Rebound Since August In Context

Although the oilfield is still dragging bottom and the capacity overhang will linger on for a while, it’s not too early to begin thinking about recovery trajectories.

To do that, we turn to….

Patterson-UTI yard in the Permian Basin in October 2021 – feature image photo credit: Red Wing Aerials, follow them on instagram 

There’s a lot more to this story…

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