Bottom! Enverus Onshore Rig Count Finally Moves Higher Last Week

July 17, 2020July 17, 2020

Over the past week, comparing this past Wednesday (Jul 15) with a week ago Wednesday (Jul 8), the Enverus onshore rig count increased by five--from 276 to 281. After four solid months of the rig count going down, perhaps we've finally hit bottom, turned a corner, and any other analogy you can think of to indicate better days are ahead.

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