Beaten Down Natural Gas Likely to Stay Down, Making Producers a Short [View article]
horizontal drilling production rates only just went negative in february. those are the most productive nat gas rigs out there. so despite the aboslute fall in # of rigs, the quality and productivity of rigs that have been laid down for months is much lower. rigs cost money and make no mistake, e&p's won't waste a lease.
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horizontal drilling production rates only just went negative in february. those are the most productive nat gas rigs out there. so despite the aboslute fall in # of rigs, the quality and productivity of rigs that have been laid down for months is much lower. rigs cost money and make no mistake, e&p's won't waste a lease.
Apr 03 12:20 pm
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