The U.S. rig count continues to decline, but oil supplies aren’t in a “consistent decline,” in part, say analysts, because the number of wells drilled in the onshore is sharply higher than the number of wells awaiting completion.
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U.S. Shale ‘Fracklog’ Said Enough to Restore Inventory When Conditions Allow
The U.S. rig count continues to decline, but oil supplies aren't in a "consistent decline," in part, say analysts, because the number of wells drilled in the onshore is sharply higher than the number of wells awaiting completion.
June 19, 2015
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