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US Upstream week in brief: Powder River rig count hits a two-year peak

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29 November 2017

US Upstream week in brief: Powder River rig count hits a two-year peak

Report summary

This week, we analyse a new trend in US L48 rig count prior to the upcoming OPEC meeting and discuss our updated view on US Lower 48 supply. What is driving the surge in US L48 horizontal rig count? What is the role of US L48 production in the global supply outlook? We also cover Shell's updated production guidance for its shale assets and look at how Gulfport's new wells are defying the traditional learning curve in the SCOOP.

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Tables and charts

This report includes 3 images and tables including:

  • US oil and gas dashboard
  • Horizontal rig count stats
  • Deepwater US GoM rigs

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    US Upstream week in brief: Powder River rig count hits a two-year peak

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