Current operations 3.15 times more productive than those of January 2014
EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The EERC rose in April, reaching 2,826 rigs. This indicates it would take 2,826 rigs from January 2014 to match the current activity level, due to the significant improvements in techniques and technologies over the past four years. Modern rigs are yielding 3.15 times more production than those of January 2014, meaning it only takes 898 rigs in the major...

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