97 Rigs Cut Nationwide in One Week

Here is short article from Bloomberg, giving some stats and comments regarding current drop in oil prices.

http://www.bloomberg.com/news/articles/2015-01-30/u-s-oil-rig-count...

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Permalink Reply by Bob Rock on January 31, 2015 at 10:39am

Still 48 in ohio

Permalink Reply by searcherone on January 31, 2015 at 6:22pm

Which does seem like a good thing as the highest I have seen for Ohio is 51.   2015 was to be a "ramp" up year in drilling for Ohio;   guess we will wait and see if numbers increase or hold their own.  Also Ohio is not producing as much oil as some of the other fields; mostly gas.

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