Drilling

The Biden administration has given the go-ahead to ConocoPhillips’ massive Willow project planned for Alaska’s North Slope. The Bureau of Land Management (BLM) issued its Record of Decision (ROD) on Monday. The ROD said the approval included three drill sites (BT1, BT2 and BT3) and associated infrastructure. The approval includes up to 199 total wells,…

In a week of small adjustments, a downtick in oil activity saw the U.S. rig count ease one unit lower to 760 for the week ended Friday (Feb. 17), according to updated figures published by Baker Hughes Co. (BKR). Domestic changes for the week included a two-rig decline in oil-directed drilling, partly offset by the…

The U.S. natural gas rig count fell two units to 158 for the week ended Friday (Feb. 3), while declines in the oil patch sent the combined domestic tally tumbling 12 units lower to 759, according to the latest tally from Baker Hughes Co. (BKR). Along with the loss of two natural gas-directed rigs, domestic…

A softening outlook for natural gas activity and an elevated recession risk may lead to some hiccups this year, but the overall forecast for North American hydrocarbons is the healthiest in years, according to Liberty Energy Inc. CEO Chris Wright. The Denver-based hydraulic fracturing (fracking) and completions expert recently issued its fourth quarter and year-end…

Driven by declines in the oil patch, the U.S. rig count tumbled 12 units lower to finish at 759 for the week ended Friday (Feb. 3), according to updated numbers from oilfield services provider Baker Hughes Co. (BKR). Domestic declines for the week included 10 oil-directed rigs and two natural gas-directed rigs. Land drilling declined…

The U.S. natural gas rig count rose six units to 156 for the week ended Friday (Jan. 20), while a sharp pullback in the oil patch saw the combined domestic tally drop four units to 771, the latest figures from Baker Hughes Co. (BKR) show. The increase in natural gas rigs only partially offset a…

Bolstered by another strong month of growth from the Haynesville Shale, domestic natural gas production from seven key onshore plays should climb to over 96.6 Bcf/d from January to February, updated modeling from the Energy Information Administration (EIA) shows. The agency said in its latest Drilling Productivity Report (DPR), published Tuesday, that it expects natural…

The U.S. natural gas rig count dropped two units to finish at 150 for the week ended Friday (Jan. 13), while gains in the oil patch lifted the combined domestic tally three units higher to 775, according to the latest figures from oilfield services provider Baker Hughes Co. (BKR). Domestic drilling activity on land was…

Bolstered by gains in the oil patch, including in the Permian Basin and the Eagle Ford Shale, the U.S. rig count rose three units to reach 775 during the week ended Friday (Jan. 13), according to updated numbers published by Baker Hughes Co. (BKR). Changes in the United States for the week included a five-rig…