The hottest U.S. oil drilling platform has set two

2022-08-14
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U.S. oil drilling platforms set two records in a row Goldman Sachs said oil output will continue to increase

U.S. oil drilling platforms set two records in a row Goldman Sachs said oil output will continue to increase

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[China paint information] according to the data released by Baker Hughes of us oil service on Friday (August 7), although the crude oil price has fallen 25% from the peak in June, the number of us oil drilling platforms increased by 6 this week to a new high of 679 since early May, and set the longest continuous increase record since September

Goldman Sachs pointed out that "the number of oil drilling wellheads in the United States increased by 6 this week, mainly reflected in horizontal drilling and vertical drilling, and its growth rate exceeded the decline of horizontal directional drilling."

Goldman Sachs said, "the recent recovery in the number of oil drilling platforms shows that we expect U.S. oil producers to be able and will increase drilling activities, and it is reasonable for the U.S. WTI crude oil price to be around $60/barrel."

Goldman Sachs also added, "if the oil drilling platform is maintained at the current level, the oil output will increase by 145000 barrels per day in 2016."

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