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U.S. drilling rig count lowest since 1975 as shale boom fades

Monday, May 11, 2020   (0 Comments)
Posted by: Annie Nguyen
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U.S. drilling rig count lowest since 1975 as shale boom fades

9 May 2020

Bloomberg, Houston

 

Oil and natural gas exploration plunged to an all-time low as the economic and industrial dislocations from the Covid-19 pandemic snuffed out the remnants of the American shale boom.

 

Drilling in U.S. oil and gas fields retreated by...

 

https://www.worldoil.com/news/2020/5/8/us-drilling-rig-count-lowest-since-1975-as-shale-boom-fades


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