Sunday, December 22, 2024
U.S. Oilpatch Productivity Multiple Climbs Above 3.0 - Oil & Gas 360

Permian Efficiency Improves: Shale Output Surges Above 8 MMBOPD

Permian efficiency wins help boost EERC EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose sharply in November, extending the increase seen last month. The EERC is now at 2,907, an increase of 95 compared to the October count. While the