Post Tagged with: "global oil prices"
U.S. shale plays are expected to produce 7.34 MMBOPD and 69.76 Bcf/d this July, a new record for overall output: EIA EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins. The EERC reached 2,919 in May, rising for the seventh month in a row. An Effective Rig Count of 2,919 means[Read More…]
