One for the record books

KURT ABRAHAM; CRAIG FLEMING

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One for the record books

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This year's financial losses suffered by U.S. producers and service providers have given significant pause to activity. Early this year, when oil prices tanked, operators were quick to slash drilling plans. With breathtaking speed, over just seven weeks, the Baker Hughes Rotary Rig Count plummeted roughly 25%, from 664 units on Jan. 8, to 502 on Feb. 26. Then, over an additional 12 weeks, the count continued to free-fall, losing another 98 rigs, to finally hit its all-time low of 404 on May 20.

机译：美国生产商和服务提供商今年遭受的财务损失使活动大大停顿了。今年年初，当油价下跌时，运营商迅速削减了钻井计划。 Baker Hughes旋转钻机数量以惊人的速度在短短七个星期内从1月8日的664台下降到2月26日的502，下降了约25％。然后，又过了12周，计数继续自由落体。输掉了另外98座钻机，终于在5月20日跌至历史最低点404。

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《World Oil》 |2016年第8期|共5页
作者
KURT ABRAHAM; CRAIG FLEMING;
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正文语种 eng
中图分类石油、天然气工业;
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One for the record books

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