Infill Thinking Lifting the O&G knowledge curve
We have seen some recent market commentary interpreting a lackluster Permian rig count response to the 4Q17 oil price rally as evidence of a change in E&P behavior or appetite for Permian development. We do not believe this interpretation is accurate.
In this update, see what we believe are the real root causes of the Permian Basin’s 4Q17 rig count performance.
There’s a lot more to this story…
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feature image is a thumbnail of our drilling rig photo of the week from social media:
Cold winter evening on the rig. #oilfield #roughneck
113 Likes, 4 Comments – Daniel Buckwalter (@danbuck13) on Instagram: “Cold winter evening on the rig. #oilfield #roughneck”
