Oklahoma led the states in drilling rig additions during the week ended Friday, adding five units to end at 131 active, according to Baker Hughes Inc. (BHI). That’s up sharply from the year-ago tally of 58 active rigs.
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Three U.S. Natural Gas Rigs Return to Action
Oklahoma led the states in drilling rig additions during the week ended Friday, adding five units to end at 131 active, according to Baker Hughes Inc. (BHI). That’s up sharply from the year-ago tally of 58 active rigs.

Dow Readies Startup of Gulf Coast Polyethylene Unit
The Dow Chemical Co. has begun commissioning an enhanced polyethylene production facility in Freeport, TX, one component of a major buildout to take advantage of abundant shale natural gas in the region.
Despite Political Uncertainty, Mexico Energy Reforms Secure, Says Scholar
Mexico’s 2018 presidential election is a cloud over the country’s energy sector liberalization as populist frontrunner Andres Manuel Lopez Obrador has vowed to roll-back reforms. But even if elected, he’s not likely to be successful, the director of the Woodrow Wilson International Center for Scholars’ Mexico Institute said Wednesday.

SM Energy Lifts Production Guidance, Teases Howard County, TX, Well Results
Faster completions in the Eagle Ford Shale have prompted SM Energy Co. to raise production guidance by about 0.4 million boe, all thanks to activity during the second quarter.

Texas Marks Fifth Consecutive Month of Improved Upstream Industry Health
Texas oil and natural gas activity rallied again in April, marking the fifth straight month of improvement as the industry continues to put the bust behind it, according to the Texas Petro Index (TPI), a barometer of upstream health.
LNG, LPG Carrier Toll Increases Proposed by Panama Canal Authority
A proposed revision of tolls by the Panama Canal Authority (ACP) would raise rates charged for liquefied natural gas (LNG) and liquid petroleum gas (LPG) carrier transits while lowering rates for some container ship transits.

More Rigs, Jobs Return; Eagle Ford Still In Bloom, Analysts Say
Rig counts are up handsomely from year-ago levels, and the Permian Basin has been no slouch in contributing to gains. But the Eagle Ford Shale has made a comeback, too.

U.S. Drops Three Natural Gas Rigs But Adds 11 Oil Units
Rig counts are up handsomely from year-ago levels, and the Permian Basin has been no slouch in contributing to gains. But the Eagle Ford Shale has made a comeback, too.
USGS Finds Too Little Methane in Water Wells From Natural Gas Drilling to Worry About
A new study by the U.S. Geological Survey (USGS) said natural gas drilling in the Eagle Ford, Fayetteville and Haynesville shales is not a significant source of methane or benzene found in drinking water wells located in areas of drilling operations.