Oil, gas industry optimistic amid pandemic

The oil and gas industry, like many others, was heavily affected by the COVID-19 pandemic. Travel restrictions worldwide left the oil and gas industry at a standstill. Justin Kringstad of the North Dakota Pipeline Association said, “Over the last year, there was a tremendous drawdown or a decrease in the amount of oil that was […]
How Oil & Gas Rig Counts Impact Consumer Confidence And Energy Prices

What is Rig Count? A Rig Count is an official listing of all the oil and gas rigs that are operational at a certain location. In addition to the location and operational status of each rig, the count provides insight into the number of offshore and onshore active drilling rigs. The most widely used national rig count […]