U.S. Rig Activity (USRA) Launches with 2013 Oil & Gas Industry Outlook Highlights Industry CAPEX, Permian Basin Dominance, and the Ascent of the Utica

HOUSTON, April 8, 2013 /PRNewswire-iReach/ -- U.S. Rig Activity (USRA) introduces the most advanced source of rig intelligence for oil & gas industry and financial decision-makers, with a product focused on maximizing your organization's efficiency by quickly turning rig data into actionable information.

Whether you are trying to uncover an investment thesis, fine tune your financial and operation model's production estimates, or checking up on the activity of your neighbor across the lease line, USRA provides a competitive edge. Take our video tour here.

To demonstrate, USRA has mined its database to compile a number of Predictive Outlooks for 2013, below. We'll also be providing ongoing comprehensive Quarterly Rig Activity reports (with the first in the series delivered in time for Q1 earnings season).

Predictive 2013 Outlooks:

  • Rig count, Independent E&P group CAPEX likely hold steady in 2013 despite a continuation of favorable oil prices
  • Oil Play Saturation Point Implies More Activity in Permian in 2013
  • Greater Permian Basin (Bone Springs/Avalon, Wolfberry) is the Rig Count King, and Likely to Retain the Crown
  • Will 2013 be the Year of the Utica?

Click here for the full release

When You Drill Down to Find Your Competitive Advantage, What Will You Discover?  USRA was designed by oil & gas industry veterans to maximize insights and utility. Visit us at www.usrigactivity.com for a Demo and Free Trial.  Follow us on Twitter for our Rig Stat of the week as we work to become your go-to source for actionable rig information.  Our regional sales team is available for in-person and virtual product demonstrations. 

For inquiries,

To view this video on YouTube, please visit: https://www.youtube.com/watch?v=MGGYb2kAXiI

Media Contact: Christopher George United States Rig Activity, LLC, 888-834-5564, cgeorge@usrigactivity.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE United States Rig Activity, LLC


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