InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
56,836.05
(
-2.51%
)
Post# of 29432
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

semi_infinite

Send PM Follow Ignore
Followers 14
Posts 3822
Boards Moderated 1
Alias Born 07/07/2002

semi_infinite

Re: biotech_researcher post# 16240

Saturday, 03/10/2018 2:50:21 PM

Saturday, March 10, 2018 2:50:21 PM

Post# of 29432
I don't see much change in rig count other than in Canada which is probably environmental conditions related rather than oil pricing. It is better to be cautious on spending and workover rigs to frack drilled but uncompleted wells are a lot cheaper than drilling rigs on frontier prospects. IMO it will take a sustained period of $75 oil to get the blood flowing again for frontier prospects.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up