At the 2020 ADI Forum, Helen Currie, Chief Economist at ConocoPhillips, discussed the impact of modern drilling rig efficiency on production forecasts. She highlighted that newer rigs far outperform older models, especially in US shale plays. Consequently, traditional rig count metrics are less reliable, requiring analysts to constantly update their models to reflect these advancements and adapt to the evolving drilling landscape.
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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