Drilling

The U.S. rig count nudged one unit higher to finish at 632 for the week ended Friday (Sept. 8), though natural gas drilling activity eased lower for the period, according to the latest tally from Baker Hughes Co. (BKR). Total domestic natural gas-directed rigs finished at 113, down one week/week, while oil-directed rigs increased by…

With a host of small adjustments to activity levels across a number of onshore plays, the combined U.S. natural gas and oil rig count eased one unit lower to finish at 631 for the week ended Friday (Sept. 1), according to the latest numbers from Baker Hughes Co. (BKR). Oil-directed drilling was unchanged for the…

U.S. upstream activity continued to slow during the week ended Friday (Aug. 25) as total active domestic rigs fell by 10 to 632, largely driven by declines in oil-directed drilling, the latest figures from Baker Hughes Co. (BKR) show. Changes in the United States for the period included a decline of eight oil-directed rigs, alongside…

A federal circuit panel has ruled that the Bureau of Land Management (BLM) did not break any laws when it approved Jonah Energy LLC’s natural gas drilling project in Wyoming on land that includes sage grouse populations as well as migration paths for pronghorns. “We conclude that BLM adequately collected and considered information on the…

An oil-focused slowdown, including in the mighty Permian Basin, sent the U.S. rig count five units lower to 659 for the week ending Friday (Aug. 4), according to the latest tally by Baker Hughes Co. (BKR). Total U.S. natural gas-directed rigs finished the week unchanged at 128. However, four oil-directed rigs and one miscellaneous rig…

Click here to listen to the latest episode of NGI’s Hub & Flow. Primary Vision Network CEO Matthew Johnson offers his expertise into the U.S. drilling and completions market and where it is headed to the end of the year. The firm’s weekly Frac Spread Count is similar to Baker Hughes Co.’s weekly rig count…

Only weeks after slapping down $5.4 billion to take over NexTier Oilfield Solutions, Patterson-UTI Inc. on Wednesday agreed to buy global drillbit specialist Ulterra Drilling Technologies LP. In the definitive agreement with sponsor Blackstone Energy Partners, Patterson-UTI agreed to pay $370 million cash and trade 34.9 million common shares. Patterson-UTI was trading for around $12.20/share…

Declines in the oil patch drove the combined U.S. rig count five units lower to 682 for the week ended Friday (June 23), while the natural gas drilling tally held flat at 130, the latest figures from Baker Hughes Co. (BKR) show. A six-rig decline in domestic oil-directed drilling was partially offset by a net…

Losses in the North American natural gas and oil rig count accelerated for the week ending Friday (June 16), with the total number falling by nine, according to the latest tally from Baker Hughes Co. (BKR). In the United States, five natural gas-directed rigs were dropped, with four lost in the oilfield. Land drilling accounted…