Natural Gas Leads Weekly U.S. Rig Gain

For a change, Texas and the Permian were mostly quiet during the week ending May 26, while Colorado and its Denver Julesburg-Niobrara play posted the strongest gains, adding five rigs and four rigs, respectively, according to Baker Hughes Inc. Read More

OFS In-Depth Part 2: Pressure Pumping, Sand Demand Growth Tempered by Uncertain NatGas Price Forecast

High-tech, so-called “super-spec” rigs are sold out, and the availability of completion crews is starting to concern some producers about meeting the 2018 targets they set out for investors. But given the availability in bringing online idled rigs and major service companies’ confidence in staffing, there is some wiggle room when it comes to future growth. Read More

Oil Rigs Gain as Permian, Texas Lead Additions

Compared with one year ago, the U.S. land-based rig count is up 125% as drillers continue returning to their favorite shale patches. Over the same period, the U.S. offshore rig count has languished, up two units during the week ending Friday but still down by one rig from a year ago, according to Baker Hughes Inc.

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