- Tight Gas & Oil
- Gas Hydrates
The company plans to produce a new hydraulic fracturing system and a ‘land drilling system of the future.’
For the week ending April 15, the North American count dropped to 480, compared to the 1,034 rigs that were pumping about a year ago.
The Texas Railroad Commission issued 45% fewer drilling permits in March compared to the same time in 2016 and completions also continue to fall.