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To: 353FMG

Exposing my ignorance here, but how does the rig count handle a rig that instead of drilling possible production wells, has accepted a contract from the state to properly close orphan wells?


8 posted on 03/20/2017 6:04:46 PM PDT by Fraxinus (My opinion, worth what you paid.)
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To: Fraxinus

I am as ignorant as you are regarding the significance of rig count. Rigs are considered upstream in the oil industry while refineries and gas plants are considered downstream facilities.


10 posted on 03/20/2017 6:12:29 PM PDT by 353FMG (AMERICA FIRST.)
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