On Monday morning, Halliburton discussed shrinkage in the ratio of drilling rigs to frac spreads in the US market.
In our weekly rig count update, we quantify the trend with a chart and discuss its implications.
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feature image is drilling rig photo of the week from social media:
The view from above! Drilling ahead! . . . #oilfieldphotography #drillingwyoming #blackgoldbrotherhood #oilfieldlife #drilling #oilrig #drone #dji #djimavicpro #skyview #rig #keepitturningtotheright #drillersclub #dailydronejournal
67 Likes, 7 Comments – John Qualls (@johnq13) on Instagram: “The view from above! Drilling ahead! . . . #oilfieldphotography #drillingwyoming…”