CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published the fourth edition of its U.S. Onshore Drillers Dashboard, a publication that explores key topics affecting issuer credit profiles for the sector in the United States.
Items discussed in this edition include:
--Oil Prices Resume Decline, Reaching New Lows;
--Rig Counts Continue Decline, Production Trailing;
--U.S. Capex Cuts Continue into Second Year;
--Utilization and Day Rates Face Continued Headwinds; Probably Bottoming.
The 'U.S. Onshore Drillers Dashboard' is available on Fitch's website at 'www.fitchratings.com'.
Additional information is available on www.fitchratings.com
--E&P Capex Trends and Oilfield Services Prospects (What E&P and Oilfield Services Corporates Are Saying in Q3) (Dec. 15, 2015);
--2016 Outlook: U.S. Oil & Gas (Risk of Lower for Longer Weighs on Sector) (Nov. 23, 2015);
--2016 Outlook: Oilfield Services (Continued E&P Capital Cutbacks Pressure Sector) (Nov. 23, 2015);
--Oil and Gas Price Assumptions November 2015 (Nov. 9, 2015);
--U.S. Lower 48 New Normal Rig Run-Rate (Rig-Linked 2H Production Decline Forecast; Productivity Gains Drive New Normal) (Aug. 6, 2015).
U.S. Onshore Drillers Dashboard