Offshore NG Production Has a Declining Tendency08/29/2017
Active U.S. rigcounts is down reaching a total of 946 (927 - land and 16 - offshore).
Offshore rigs have fallen significantly (dropping by one-third since the end of July).
Overall offshore production has had a tendency to fall all the way. See it on this map above.
Southland Royalty sold its San Juan Basin assets to MorningStar for $17.3 million. We go over the basics with an emphasis on the data needed to evaluate Southland Royalty's acreage in the San Juan Basin.
As demands for water management solutions increase, service companies are looking for new ways to optimize their ability to recycle and store this water.
As you know the US Oil Rig Count has dropped by over 20% from January to December 2019. In Texas we saw oil rigs count dropping over 30% in that same time frame.