World Oil's Daily Brief

World Oil's Daily Brief


What the drilling rig count's ongoing climb says about the future of crude oil production

October 18, 2020

While opinions differ on oil demand and production rates, a fourth week of growth in the rig count appears to prove some projections right, while invalidating others. World Oil editors discuss how the rig count reflects the magazine's recent Mid-Year Drilling Forecast outlook, and what more drilling means for some other industry leaders' ideas on the future of oil and gas production.