What is it?
Aggregated data on the number of drilling permits issued to drill for both oil and gas on the same site.
Who is interested?
The direct impact on trucking and transport is the clear link between the demand for trucking and activity in the upstream oil and gas sector. Indirectly, particularly in the shale era, drilling turns into production far quicker than in conventional drilling. This number and others related to drilling permits can be a proxy for future supply.
What does it tell me?
The number of permits that have been issued for combined drilling, where oil and gas are both sought.