Drilling - 189
Down - 525
Total - 714
Rig Utilization - 26%
5 replies (most recent on top)
If the ConocoPhillios Eagleford acerage is so good why are there 68-rigs in the Eagleford but only 3-rigs operated by ConocoPhillips in the L48?
How many is a lot? How many is not a lot? I am confused by the number of rigs. Lower 48 is 3 rigs and 3 rigs does not sound like a lot of rigs. 20,000 employees and 3 rigs is a bit out of proportion.
8 Conoco rigs?
As of today, 8.