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U.S. Adds Five Rigs to Break Losing Streak; Utah Leads Gains Among States

U.S. Adds Five Rigs to Break Losing Streak; Utah Leads Gains Among States

The U.S. added five rigs for the week ended Friday, with new rigs in Utah and Louisiana leading the way in onshore gains for the week ended Friday, according to the latest tally by Baker Hughes Inc. (BHI).

September 29, 2017
Proud to Be an Okie Driller; Sooner State Adds 10 Rigs

Proud to Be an Okie Driller; Sooner State Adds 10 Rigs

Drillers in the Sooner State stepped up their game during the week just ended and handily beat usual rig-growth favorite Texas.

March 17, 2017
Modest Changes in U.S. Oil/NatGas Patch, Rig Count Shows

Modest Changes in U.S. Oil/NatGas Patch, Rig Count Shows

U.S. drillers added just one land-based rig during the week ending Friday, according to Baker Hughes Inc. Another rig rejoined the offshore fleet to make for an overall gain of two. Oil rigs were favored over gas as one industry analyst said gas production needs to step up in the months ahead.

March 3, 2017
Permian Rig Stampede Resumes in Earnest

Permian Rig Stampede Resumes in Earnest

Seventeen rigs returned to land-based U.S. action during the week ending Friday, and 11 of the those joined the ranks of units already running in the Permian Basin of West Texas and southeastern New Mexico. The Permian count stood at 229 at week’s end, four more rigs than were running in the play one year ago.

November 18, 2016
NatGas Mostly Left Out of Weekly Rig Gains

NatGas Mostly Left Out of Weekly Rig Gains

U.S. oil rig activity has climbed back to a level that is almost 84% of what it was one year ago; however, natural gas rigs have only managed to reach 60% of their year-ago tally. The most recent rig count by Baker Hughes Inc. (BHI) didn’t help the natural gas census any.

November 18, 2016
Pace of Rig Decline Stabilizing

Pace of Rig Decline Stabilizing

The U.S. land rig count fell by a modest seven units in the latest tally by Baker Hughes Inc. (BHI).

May 20, 2016
U.S. Rig Count Rests at 884 For Second Week

U.S. Rig Count Rests at 884 For Second Week

Drillers might be feeling the summer heat, and doldrums, as there was little to report in the way of change in the latest rig count by Baker Hughes Inc.

August 14, 2015

U.S. Rig Count Static; Summer Doldrums?

The number of operating U.S. oil/natural gas rigs held pat at 884 in the latest Baker Hughes Inc. count as three departed offshore service and another three were added on land. The tally is well less than half the 1,913 U.S. rigs that were running a year ago.

August 14, 2015
U.S. Gains 10 Rigs; Permian Sees Most Additions

U.S. Gains 10 Rigs; Permian Sees Most Additions

The latest active rig count for North America from Baker Hughes Inc. shows a flip-flop from last week’s activity as the United States added 10 rigs and Canada dropped seven. In the previous week, Canada added rigs while the United States lost a handful (see Shale Daily,July 31).

August 7, 2015
U.S. Drops Two Rigs Overall as Oil-Focused Count Gains Five

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.

July 31, 2015
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