Timelapse Map Shows Oil And Gas Rigs Moving Across 'Saudi America' As Stunning Drilling Boom Continues
We recently showed you a stunning animated map from DrillingInfo.com's Kevin Thuot showing the evolution of the last 14 years of fracking in the U.S.
Now Thuot has put together a new incredible GIF showing how oil and gas drilling rigs are moving across states, and the country, in 2014 to the most productive formations.
"We care about rig activity because it is a leading indicator of future production in an area," he writes. "Rig activity in an area today signals new production from that area in the near-term."
The map shows both shale and conventional production centers, which is how we end up with hotspots in Bakersfield, Calif., the Mississippian Lime in Kansas, and the Gulf of Mexico, along with marquee plays like North Dakota's Bakken and Texas' Permian Basin and Eagle Ford.
Oil rigs recently hit a record 1,589 and total rigs were back to a two-year high of 1,913. That's despite the fact that fewer rigs are now needed to drill a given amount of wells, as each new well brings greater knowledge of the formation, and there are now tons of wells in the biggest plays.
And here's the final image:
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador
- Maruti Suzuki Q4 net profit rises 47.8% to ₹3,877.8 crore
- 10 Incredible destinations for backpackers in India
- SC seeks EC's reply on PIL for fresh poll if NOTA gets majority in constituency