Current rigs generating 3x more production than Jan 2014 rigs
EnerCom released its monthly EnerCom Effective Rig Count today.

The Effective Rig Count reports an equivalent of 1,939 rigs active in the U.S. in May, up from 1,854 last month. Launched in January, the EnerCom Effective Rig Count seeks to account for improved productivity in recent field development.

This is the result of the increased productivity that technology advancements have brought to U.S. drillers. These improvements mean each rig active in the U.S. is generating thre...

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