Added

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. 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. 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
Seven Gas Rigs Leave, But It’s Still Summer of Surplus

Seven Gas Rigs Leave, But It’s Still Summer of Surplus

In these supply glut times, it would be nice if there were more gas-fired power plants burning more natural gas, but don’t blame power generators for the oversupply. Look to producers and the rig count.

July 31, 2015
Haynesville Adds Three Rigs as U.S. Count Jumps 19

Haynesville Adds Three Rigs as U.S. Count Jumps 19

On a percentage basis, the venerable dry gas grandaddy Haynesville Shale led the major plays in terms of rigs added during a week that saw the U.S. rig count increase by 19 units.

July 24, 2015
19 U.S. Rigs Return, But More Needed to Lift Driller Profits

19 U.S. Rigs Return, But More Needed to Lift Driller Profits

An impressive 19 units returned to action in the United States in the latest weekly census of active drilling rigs by Baker Hughes Inc. Seventeen land-based rigs were back in action along with two that were plying the inland waters.

July 24, 2015
Canada’s Rig Count Heats Up While U.S. Fizzles

Canada’s Rig Count Heats Up While U.S. Fizzles

During summertime, the rigs come out in Canada. The “frozen north” gained 23 active drilling rigs in the latest census from Baker Hughes Inc., released Friday. That increase was enough to bring North America to a net gain of 17 for the week ending July 17, despite a net decline of six rigs in the United States.

July 17, 2015
U.S. Rigs in Retreat Again, But Canada Gains

U.S. Rigs in Retreat Again, But Canada Gains

U.S. drilling rigs were back on the retreat — declining by six — in the Baker Hughes Inc. rig count for the week ending July 17; however, Canada added 23 rigs to land the North American count at a net gain of 17.

July 17, 2015
Canada Adds Gas Rigs While U.S. Adds Oil Units

Canada Adds Gas Rigs While U.S. Adds Oil Units

Canada added eight natural gas-directed rigs to its census and dropped four oil rigs in the latest tally of active rigs compiled by Baker Hughes Inc. and released on Thursday, one day early because of the U.S. holiday. In the land where Independence Day is celebrated, drillers had more of a taste for oil, adding 12 oil-directed rigs and dropping nine gas rigs for the week ending July 2.

July 2, 2015