Natural gas production from seven key U.S. onshore regions is set to surge to slightly shy of 94 Bcf/d from August to September, with the largest share of incremental output growth expected from the Haynesville Shale, according to updated projections from the Energy Information Administration (EIA). Total natural gas output from the seven regions tracked…
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Natural Gas Drilling Activity Eases Lower in Latest Baker Count
The U.S. natural gas rig count eased one unit lower to 159 for the week ended Friday (Aug. 19), while oil activity held steady, according to updated numbers from oilfield services provider Baker Hughes Co. (BKR). Total domestic oil-directed rigs went unchanged week/week at 601. The combined U.S. count dropped one unit to 762, versus…
U.S. Drilling Activity Steady as Natural Gas Tally Sees Small Decline
A small net decline in natural gas-directed activity saw the U.S. rig count ease one unit lower to finish the week ended Friday (Aug. 19) at 762, according to the latest figures from Baker Hughes Co. (BKR). Total domestic natural gas-directed rigs declined by one to 159, while the oil-directed rig count held steady week/week…
U.S. Natural Gas Drilling Activity Eases Lower in Latest Baker Count
The U.S. natural gas rig count fell one unit to 160 for the week ended Friday (Aug. 12), helping to send the overall domestic tally one unit lower to 763, according to the latest Baker Hughes Co. (BKR) data. Net changes domestically for the week included a three-rig increase in oil-directed drilling. However, a decline…
Helmerich & Payne Benefits from Higher Oil and Natural Gas Prices, Rig Rates
Tulsa-based drilling expert Helmerich & Payne (H&P) is getting more bang for its buck, as North American pricing improves for the super-spec FlexRig fleet. CEO John Lindsay and CFO Mark Smith led a recent conference call to discuss fiscal 3Q2022 results with analysts. In the North American Solutions segment, efforts earlier this year to “achieve…
Texas Tally Rises, Lifting U.S. Drilling Total Higher in Latest Baker Count
With activity climbing in Texas, the U.S. rig count surged nine units higher to 767 for the week ended Friday (July 29), according to the latest tally from oilfield services provider Baker Hughes Co. (BKR). Oil-directed drilling increased by six rigs domestically, with two natural gas-directed rigs and one miscellaneous unit also added for the…
Oil, Natural Gas Activity Creeping Upward in North Dakota as Labor Challenges Persist
Active drilling rigs, hydraulic fracturing crews and drilling permits all are creeping upward in North Dakota, though workforce challenges remain a hindrance to faster growth, the state’s top oil regulator said Tuesday (July 19). North Dakota had 42 active rigs as of Tuesday (July 19), which also was the monthly average for June. This is…
U.S. Natural Gas Drilling Total Climbs, Oil Activity Flat in Latest BKR Count
The U.S. natural gas rig count rose two units to 155 during the week ended Friday, propelling the combined domestic tally to 758 as domestic oil drilling held flat, updated numbers from Baker Hughes Co. (BKR) show. Total oil-directed rigs were unchanged domestically for the period at 599. The 758 active U.S. rigs as of…
Upstream Natural Gas Activity Ticks Higher in U.S. Amid Offshore Gains
Driven by gains in natural gas-directed drilling, the U.S. rig count ticked two units higher to 758 during the week ended Friday (July 22), updated numbers from Baker Hughes Co. (BKR) show. The United States added two natural gas-directed rigs for the period, while total oil-directed rigs went unchanged week/week at 599. The 758 active…
Natural Gas Drilling Steady in U.S. as Oil Patch Posts Small Gain
The U.S. natural gas rig count went unchanged at 153 for the week ended Friday (July 8), while a small uptick in oil-directed drilling lifted the combined U.S. tally two units higher to 752, updated figures from Baker Hughes Co. (BKR) show. Total oil-directed rigs increased two units to 597 in the United States week/week.…