US Rig Count Is Cut In Half Already. How Low Can It Go? Here’s A Stab At Answering That…

Three land drillers have given rig count guidance for how far their rig counts are expected to fall by the end of 2Q20 so far.

While we await the other four or five land drillers we track to report, the sum of rig count guidance so far tells us some interesting things…

There’s a lot more to this story…

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