Friday, March 6, 2009

Rig Update for 3.05.09

The data has been updated with the latest Valueconcious data for 3/5/09. It looks like the decrease in horizontal rigs has slowed down. I don't know if this is a trend or a one week event, but is interesting. From the industry chatter, some rigs are under contract and many of the remaining rigs may be under contract for several months.

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