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To: thackney

What is the talk in the industry as to increasing drilling now that it appears that the price of crude has rebounded from its lows in the $42 range?


6 posted on 04/20/2015 6:46:13 AM PDT by woodbutcher1963
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To: woodbutcher1963
What is the talk in the industry as to increasing drilling now that it appears that the price of crude has rebounded from its lows in the $42 range?

Number of active drilling rigs continue to fall.

http://phx.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-rigcountsoverview

7 posted on 04/20/2015 7:08:08 AM PDT by thackney (life is fragile, handle with prayer)
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