17-02-2015, 11:29 AM
(17-02-2015, 08:49 AM)specuvestor Wrote: Based on the link, the highest number of oil rig count during 08-09 was 429 in oct 2008, down mere 263 for the whole country of USA. Do you consider that as significant?
Due to "advances" in multi well pad drilling and multi stage fracking, I reckon that each land rig now should have a greater amount of "attributable" oil production as compared to 2008.