Thread: 16 percent rig utilization Jan 4
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Old 01-04-2016, 09:07 PM
Mangosteen Mangosteen is offline
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Join Date: Feb 2015
Location: In the Orchard or Punta Sal Peru
Posts: 1,022
Default 16 percent rig utilization Jan 4
Incredible.

Now that the north is frozen in ( or could be ) today's rig utilization is only 16 percent in contrast to around 90 percent for this most opportune time for muskeg access.

Never thought I would ever see the day.

The ripple effect of this will be incredible all over the province.

No end in sight yet.

I wonder how much marginal production is going to be shut in next.
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