Sentences with phrase «cutting rig counts»

Oil producers in those regions are already cutting rig counts — worried that if crude prices dip too low, wells won't turn a profit.

Along these lines, it will cut its rig count by 40 % y / y and be more efficient with its equipment and crews.

Not exact matches

Cost cuts brought the rig count down and lowered costs for offshore vessels.

Gains in the rig count will only pick up pace of OPEC agrees to cut its output.