Total EERC down 13
EnerCom has released its latest Effective Rig Count, examining the state of drilling activity correlated to production in major shale basins.

The Effective Rig Count fell this month, dropping by 13 to 2,747 effective rigs. Both efficiencies and reported rig counts fell in September, reinforcing the decline in the EERC.

The past two months have seen a decline in the overall Effective Rig Count, as the reported number of rigs active in the major U.S. shale basins has fallen somewhat. Overall efficiencies have been nearly flat for much of 2018, as declining Permian efficiencies counteract the improvements seen in other basins.

Source: EnerCom Analytics
Permian efficiency falling since January
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