This was the smallest absolute rig count decline since December 5th 2014. Down 11 to 894 total rigs, this is a record 22nd weeks of consecutive declines.
Charts: Bloomberg
This was the smallest absolute rig count decline since December 5th 2014. Down 11 to 894 total rigs, this is a record 22nd weeks of consecutive declines.
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10861
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/05/20150508_rig.jpg