When the U.S adds rigs consistently, it’s usually an early indicator of future output. Looking at a rig count, currently, the U.S has hit the highest number of rigs since April 2020.
With both oil price and rig count on the increase, analysts predict that the industry will see increased drilling activity which would translate to companies needing more hands to fill positions on the field.
So how should you prepare to maximize these potential opportunities? Well, this is an excellent time to:
About the Author
Fisayo works in Business Operations at Manup and has a strong interest in the oil and energy industry. His educational background is in Petroleum Engineering from Covenant University and Artificial Intelligence and Machine Learning: For Business Application from UTexas