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Hart Energys Unconventional Activity Tracker (Week of April 6, 2020)

2020-04-06 23:44:34| OGI

This week, and just like that, the rig cascade got underway. Hart Energys Unconventional Activity Tracker fell 49 units over the last week, or seven rigs per day.

Tags: april week activity tracker

 

Hart Energys Unconventional Activity Tracker (Week of March 30, 2020)

2020-03-30 22:11:36| OGI

Weve entered the Tom Petty zone of rig count decline. Talk to drilling contractors and they report business is Free Falling, Free Falling. Tight formation rig count dropped 39 this past week, including 22 in the Permian, five in the Eagle Ford and six in Oklahomas Anadarko Basin.

Tags: week march activity tracker

 
 

Hart Energys Unconventional Activity Tracker (Week of March 23, 2020)

2020-03-23 19:41:35| OGI

The hurricane in field activity cutbacks is moving towards landfall. Hart Energys Unconventional Activity Tracker fell 11 units, or 2 percent, this past week led by a nine-unit decline in the Permian Basin. Rig count declines were recorded in most of the major plays although the Marcellus and Utica held steady at zero change versus last week. That story was also true for the Liquids Rich Plays, and the traditional Dry Gas plays.

Tags: week march activity tracker

 

Hart Energys Unconventional Activity Tracker (Week of March 16, 2020)

2020-03-16 23:32:34| OGI

This weeks rig count produced a false positive, essentially reporting the activity level in effect shortly before oil markets cratered from the OPEC + dissolution and the ensuing draconian retrenchment in E&P 2020 capex. 

Tags: week march activity tracker

 

Hart Energys Unconventional Activity Tracker (Week of March 9, 2020)

2020-03-09 22:27:48| OGI

This week, declines of one unit each in the Marcellus and Bakken seemed mild compared to a three-rig drop in the Anadarko Basin. But the Permian largely offsets those regional weaknesses.

Tags: week march activity tracker

 

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