Tuscaloosa Marine Shale

Rigs Retreat; Texas Tally Falls Hard

The U.S. oil and gas rig count saw a net decline of 13 as 16 rigs retreated from land drilling while three joined the hunt offshore, according to Baker Hughes Inc. in its report for the week ending Sept. 4. Texas took the biggest hit, losing 11 rigs to the ongoing price route. Read More

U.S. Drops Eight Rigs; Last One Leaves TMS

The North American active rig count dropped by 20 in the latest Baker Hughes Inc. tally, with Canada letting go of a dozen rigs and the United States giving up eight. The decline is in step with the "lower for longer" talk on commodity prices that pervades the industry. Read More

U.S. Drops Two Rigs Overall as Oil-Focused Count Gains Five

In a bit of a twist from recent weekly rig count reports from Baker Hughes Inc., the latest tally shows that three U.S. rigs returned to the offshore while six left activity on land. Overall, the total U.S. count fell by two in the report issued Friday (July 31). However, Canada added 15 rigs for a net North America gain of 13. Read More