U.S. rig count poised to shed 600 rigs within six months, Genscape says

LOUISVILLE, Kentucky -- U.S. shale producers may begin producing less as crude prices drop to five-year lows -- with some North Dakota Bakken operators already treading water -- as rig counts nationwide are poised to decrease by nearly 600 in the next six months, according to Genscape.


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U.S. rig count poised to shed 600 rigs within six months, Genscape says U.S. rig count poised to shed 600 rigs within six months, Genscape says Reviewed by Crude Oil Facilitators on 13:30 Rating: 5

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