Drilling Rig Count in Unconventional Basins


Unconventional Rig Count Reverses, Inches Higher

Rig count data for the 14 unconventional oil and natural gas basins tracked by Baker Hughes Inc. showed that rig movement for the week ending June 19 was flat at 650, while NGI's assessment of eight additional basins from Baker Hughes data showed a week-over-week increase of four rigs to 60. Read More

Rig Declines Moderate, Particularly in Eagle Ford, Permian

The liquids-rich Eagle Ford Shale and Permian Basin got something of a reprieve from substantial rig count declines in the latest census by Baker Hughes Inc. as the pullback across all basins was more modest than in recent weekly reports. Meanwhile, analysts are detecting positive trends for crude prices. Read More