Despite Trump’s full-throttle push to “unleash” U.S. energy, Permian oil producers are keeping their foot on the brakes. At a ...
The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.
But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.
The mantra of “drill ... the drill bit,'” said Ryan Hill, principal analyst at Enverus Intelligence Research. The energy analytics firm sees most of the growth in domestic oil production ...