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MCS - Midcontinent drilling reaches three-year low in Q3 - October 23, 2019
Midcontinent drilling activity in the first nine months of 2019 was down significantly compared to 2018, according to Enverus Rig Analytics. The number of well starts during the period fell 27% YOY to 1,521. Q3 drilling activity fell to the lowest level in three years at 447 well starts and 133 rigs running. In 3Q18, activity was at its highest level since the end of 2014 at 795 well starts and 223 rigs running.......
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