The March 2020 oil crisis following economic shutdowns due to the coronavirus pandemic and an ongoing price war between Saudi Arabia and Russia has forced many United States oil and gas producers to stop the production of some oil rigs. As of March 27, there were 382 oil and gas rigs in use in the Permian basin, a decline of 23 rigs compared to the previous week.
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Change in number of United States oil and gas rigs in operation due to oil price slump as of March 27, 2020 by basin
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OilPrice.com. (March 31, 2020). Change in number of United States oil and gas rigs in operation due to oil price slump as of March 27, 2020 by basin [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/462895/us-oil-and-gas-rig-usage-change-march/
OilPrice.com. "Change in number of United States oil and gas rigs in operation due to oil price slump as of March 27, 2020 by basin." Chart. March 31, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/462895/us-oil-and-gas-rig-usage-change-march/
OilPrice.com. (2020). Change in number of United States oil and gas rigs in operation due to oil price slump as of March 27, 2020 by basin. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/462895/us-oil-and-gas-rig-usage-change-march/
OilPrice.com. "Change in Number of United States Oil and Gas Rigs in Operation Due to Oil Price Slump as of March 27, 2020 by Basin." Statista, Statista Inc., 31 Mar 2020, https://www.statista.com/statistics/462895/us-oil-and-gas-rig-usage-change-march/
OilPrice.com, Change in number of United States oil and gas rigs in operation due to oil price slump as of March 27, 2020 by basin Statista, https://www.statista.com/statistics/462895/us-oil-and-gas-rig-usage-change-march/ (last visited November 21, 2024)
Change in number of United States oil and gas rigs in operation due to oil price slump as of March 27, 2020 by basin [Graph], OilPrice.com, March 31, 2020. [Online]. Available: https://www.statista.com/statistics/462895/us-oil-and-gas-rig-usage-change-march/
