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Low price environment continues to hamper activity; third quarter off to better start

机译:低价环境继续阻碍经济活动;第三季休假以更好地开始

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摘要

MT. PLEASANT, Mich.—Michigan oil and gas drilling activity continued to be significantly impacted by low crude oil and natural gas prices in the second quarter of 2016, with the first quarter total of 3 drilling completions replicated in the April through June period. Drilling permit issuance has been similarly depressed, with a total of only 13 new drilling permits issued in the first half of the year.
机译:公吨。密歇根州普莱森特-密歇根州的石油和天然气钻探活动在2016年第二季度继续受到原油和天然气价格低迷的重大影响,第一季度在4月至6月期间共完成了3个钻探完工。钻井许可证的发放也同样受到抑制,上半年总共只发放了13份新的钻井许可证。

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