Efficiencies increasing once again
EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The Effective Rig Count rose in November, growing to 2,298, up from 2,284 the prior month. The number of active rigs dropped, but efficiency gains outweighed these decreases.

The average drilling operation is now 2.9 times more productive than the average rig in January 2014. Improving efficiencies and techniques have allowed companies to do a lot more with less, and producing volumes sho...

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