Count

Two More Natural Gas Rigs Exit as U.S. Drilling Losses Mount

Two More Natural Gas Rigs Exit as U.S. Drilling Losses Mount

The U.S. natural gas rig count dropped two units to fall to 144 for the week ended Friday, extending a months-long downtrend, according to the latest data from Baker Hughes, a GE Company (BHGE).

October 4, 2019
U.S. Onshore Activity Flattens, with Six Rigs Dropped, Says BHGE

U.S. Onshore Activity Flattens, with Six Rigs Dropped, Says BHGE

Domestic oil and natural gas producers dropped six land rigs as of Wednesday (Nov. 21) from a week earlier, but gains in Canada and the Gulf of Mexico lifted the overall North American count by four, according to data compiled by Baker Hughes, a GE Company (BHGE).

November 21, 2018
U.S. Oil, Gas Permitting Still Rising, Pointing to Stronger Activity in 2019, Says Evercore

U.S. Oil, Gas Permitting Still Rising, Pointing to Stronger Activity in 2019, Says Evercore

U.S. oil and gas drilling permits climbed 23% year/year in October and were up 39% from September, a strong sign that activity is likely to improve early next year, Evercore ISI said Thursday.

November 15, 2018
Texas Leads Gains as BHGE’s U.S. Rig Count Climbs by Four

Texas Leads Gains as BHGE’s U.S. Rig Count Climbs by Four

The U.S. rig count grew by four to 1,067 for the week ended Friday (Oct. 19), driven by gains in oil drilling and featuring a sharp uptick in Texas, according to data from Baker Hughes, a GE Company (BHGE).

October 19, 2018
Rig Gains Could Be Poised to Slow; Analysts See More NatGas in Q4

Rig Gains Could Be Poised to Slow; Analysts See More NatGas in Q4

The U.S. land-based rig count posted a modest gain of four during the week just ended, according to Baker Hughes Inc. (BHI), and the pace of rig gains could slow in the months ahead, according to some. Meanwhile, analysts are awaiting the additional gas supply yet to come from rigs already added.

May 5, 2017
Two U.S. NatGas Rigs Return as Pace of Gains Predicted to Slow

Two U.S. NatGas Rigs Return as Pace of Gains Predicted to Slow

The U.S. natural gas rig count added two units during the week just ended, according to Baker Hughes Inc. (BHI). Six oil rigs were added. The gains were modest compared with some recent counts, and a slowing of rig additions could be on the way, some say.

May 5, 2017
Texas Adds 11 Rigs as Eagle Ford Gains Five

Texas Adds 11 Rigs as Eagle Ford Gains Five

Texas rigs have been coming back and so have the oil and natural gas jobs, according to data from Baker Hughes Inc. (BHI) and the Texas Workforce Commission (TWC).

April 28, 2017
Rigs, Texas Well Permitting, Houston Oil/NatGas Jobs All Rising

Rigs, Texas Well Permitting, Houston Oil/NatGas Jobs All Rising

Ten U.S. land-based drilling rigs returned to action during the week just ended, according to Baker Hughes Inc. (BHI). The week ended with 823 rigs active on land, more than twice the 409 that were running one year ago.

April 13, 2017
Rigs Counts, Other Data Point to Industry Recovery

Rigs Counts, Other Data Point to Industry Recovery

Ongoing drilling activity across the country along with well permitting in Texas and an improving employment outlook in Houston continue to point to a recovery for the oil and natural gas industry.

April 13, 2017
Lights Out Again in Fayetteville as Oil Rig Gains Surpass Gas

Lights Out Again in Fayetteville as Oil Rig Gains Surpass Gas

The dry gas Fayetteville Shale lost its only running rig during the week, according to the latest Baker Hughes Inc. rig count released Friday. But the Barnett Shale held onto its two, and the Haynesville added two more to bring its tally to 31.

January 27, 2017
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