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Offshore NG Production Has a Declining Tendency

08/28/2017

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Offshore Natural Gas Production Declining Tendency

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.

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