Fresh Tracks Therapeutics Inc V.BBI

Primary Symbol: FRTX

Healthcare Biotechnology

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.

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Fresh Tracks Therapeutics Inc > baker hughes rig counts

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Comment by Oldnaggeron Dec 04, 2020 9:35pm

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Post# 32042942

RE:RE:baker hughes rig counts

skiptoggle wrote: Interesting but does production still meet demand? Is there a forecast for when demand meets or exceeds production?

Oldnagger wrote: rig counts versus year ago

US 323 vs 799 up 3 on the week
Canada 102 vs 138 nochange
International 669 vs 1096 up 13 on the month.

Remember this time last year was the last time that production was still climbing.

We are still a long way away from the drilling that is needed to stem the continuing production declines

The only worry for Canadians is that they are the ones with the worst pipeline restrictions
Just the same the outlook is very promising.

See celsiusenergy.net temperature independent balances for the US are about 9 BCF short versus last year at this time . This number will continue to grow till the drilling count rises .All this will become very apparent once we return to seasonably cold weather