http://www.armourenergy.com.au/assets/downloads/investment_research/2013/investment_research/09-2013_rfc-ambrian_australian-unconventional_oil_and_gas_report_.pdf
224 PAGES COVERS WHO'S WHO page 200 ? CTP
Santos estimates the total Australian
rig fleet at approximately 50.
There were just 11 active onshore oil and gas rotary rigs in Australia in June
2013 according to Baker Hughes; it counted 1,681 active onshore oil and
gas rotary rigs in the US in the same month.
Over three quarters of the US rotary rigs were drilling directional or horizontal wells, and of the 1,078
rigs drilling horizontal wells 77% were classified as oil;
Seven of Australia’s eleven active onshore rotary rigs were classified as oil.
We believe that only a few of Australia’s current rigs are capable of drilling
the deep, long horizontal wells that are being proposed in some basins.
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