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California Moves to Avoid Power Shortfall, Delay Five Natural Gas-Fired Plant Closures

Acknowledging that reducing natural gas in the power stack is causing near-term worries about reliability, California regulators on Thursday took steps to bolster supplies for the next four years, including delaying the retirement of some gas-fired coastal, water-cooled generation plants.

November 8, 2019
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. NatGas Rigs Hold Steady in Final 2015 Tally

U.S. NatGas Rigs Hold Steady in Final 2015 Tally

The last rig count of 2015 saw no change in the tally of operating natural gas rigs in the United States. But the U.S. oil rig count dropped by two, according to Baker Hughes Inc.

December 31, 2015
Overall U.S. Rig Count Unchanged as Canada Gains

Overall U.S. Rig Count Unchanged as Canada Gains

Recent declines in the weekly U.S. rig count ended Friday with a splat rather than a bounce. The Baker Hughes Inc. count of active U.S. oil and natural gas rigs was static at 787 units.

October 23, 2015
U.S. Rig Count Decline Pauses at 41% of Year-Ago Level

U.S. Rig Count Decline Pauses at 41% of Year-Ago Level

U.S. natural gas drilling activity is but 58% of what it was a year ago, according to the latest rig census from Baker Hughes Inc., which was released Friday.

October 23, 2015
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