Louisiana’s oil and gas industry is in the midst of a crisis it hasn’t seen since the 1980s, and things could get worse in the months ahead if commodity prices remain low for an extended period of time, according to Don Briggs, president of the Louisiana Oil and Gas Association.
Briggs
Articles from Briggs
U.S. Rig Count Static; Summer Doldrums?
The number of operating U.S. oil/natural gas rigs held pat at 884 in the latest Baker Hughes Inc. count as three departed offshore service and another three were added on land. The tally is well less than half the 1,913 U.S. rigs that were running a year ago.
August 14, 2015
U.S. Rig Count Rests at 884 For Second Week
Drillers might be feeling the summer heat, and doldrums, as there was little to report in the way of change in the latest rig count by Baker Hughes Inc.
August 14, 2015
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