Tag: activity
Western Canadian drilling activity falls more than 75% from two years ago – NEB
More than 90% of today’s Western Canadian rigs are drilling horizontal wells Western Canadian rig activity typically peaks in the winter, when the ground is frozen and rigs can move into areas they normally cannot access during the rest of the year, acccording to a National Energy Board press release. Activity is lowest in the […]
Chemical Activity Barometer: US economy stabilizing after 3 month decline
Chemical Activity Barometer signals average lead of eight months at cycle peaks WASHINGTON – The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), stabilized in November, rising 0.1 per cent following three consecutive months of decline. Oct. data was revised up 0.3 per cent and Sept. by 0.2 percent. […]
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