In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, outlined that the natural gas price dropped below $3 per million British thermal units (MMBtu) yesterday “amid [a] lack of support”.
The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world’s top producer could fall in early 2026.
Curious Minds Corner
What year and where was the world’s first commercially successful oil well drilled?