In this Episode of Oil & Gas This Week – We talk about OPEC’s lack of confidence in US Shale. Trump Administration considering allowing Offshore seismic in the Atlantic for the first time in 3 decades. US Shale spending is booming. Operators are paying a premium to be in the Permian with rising service costs. Multiple multi-billion dollar mergers in midstream and downstream.
Show Notes & Links:
Weekly Rig Count
As of 5/24/2017 – The American Rig count is 993 active rigs.