US oil rig count continues to plummet, touching its lowest level in 2024. The current oil rig count is the lowest since January 2022, while the number of gas rigs is at its lowest since October 2021.
What is covered in the Full Insight:
Introduction
Current Rig Count Status
Historical Rig Count Trends
Production Trends and Efficiency Gains
Future Outlook and Risks
SUMMARY
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