Friday, January 29, 2016

Gas Rigs Keep Falling Away

Today's BHI natural gas rig count was down six to 121, but over the past five months, the gas rig count has dropped by 90, or 43% from levels that were already record lows (at least since the BHI count was initiated in 1991).

1 comment:

Anonymous said...

I believe the number is also down 25% since the end of the year: 162 on 12/31/15, down to 121 now. We're probably headed below 100 by summer-or spring, more likely.