Precision is equipping its U.S. rig fleet with upgrades to handle the increasing demand for ERL wells, particularly in plays like the Permian Basin, Eagle Ford, and Haynesville. These investments include: Higher torque top drives for better drilling power.
[pdf] The oil rig count is currently 411 rigs, compared to 438 in June and 483 one year ago. The gas rig count is 122, compared to 111 in June and 97 last August. In the major plays, the Permian Basin rig count is at 255 rigs, 16 fewer than June’s count.
[pdf] The oil rig count is currently 411 rigs, compared to 438 in June and 483 one year ago. The gas rig count is 122, compared to 111 in June and 97 last August. In the major plays, the Permian Basin rig count is at 255 rigs, 16 fewer than June’s count.
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