The U.S. natural gas rig count fell five units to finish at 97 for the week ended Friday (Aug. 20), but a surge in oil-directed drilling drove an overall net gain in domestic drilling activity, according to the latest figures from Baker Hughes Co. (BKR). Eight oil-directed rigs were added in the United States for…
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Oil Surges, Natural Gas Subsides in Baker’s Latest U.S. Rig Count
After a week of retrenchment in the U.S. natural gas patch, offset by further gains in oil-directed drilling, the combined domestic rig count rose three units to reach 503 as of Friday (Aug. 20), according to the latest figures from Baker Hughes Co. (BKR). Eight oil-directed rigs were added in the United States for the…
August 20, 2021
U.S. Natural Gas Rig Count Down One as Oil Count Surges
The U.S. natural gas rig count dropped one unit to 102 for the week ended Friday (Aug. 13), while a surge in the oil patch drove a sharp increase in the combined domestic drilling tally, according to the latest figures from Baker Hughes Co. (BKR). Ten oil-directed rigs were added in the United States for…
August 13, 2021
U.S. Natural Gas Rig Count Static, but Lower 48 Oil Drilling Climbs
The United States gained three drilling rigs for the week ending Friday (Aug. 6), all working in the Lower 48, according to Baker Hughes Co. (BKR). There were 491 active rigs total in the U.S. onshore and Gulf of Mexico (GOM), compared with 247 for the same period of 2020. The weekly rig tally is…
August 6, 2021
U.S. Adds More Oil Rigs in Lower 48, while Natural Gas Count Holds Steady
The United States gained three drilling rigs for the week ending Friday (Aug. 6), all working in the Lower 48, according to Baker Hughes Co. (BKR). There were 491 active rigs total in the U.S. onshore and Gulf of Mexico (GOM), compared with 247 for the same period of 2020. The weekly rig tally is…
August 6, 2021
Enterprise Expecting ‘Extended Recovery Cycle,’ Output Increases for U.S. E&Ps
A dramatically improved commodity price environment helped drive strong results in 2Q2021 for Enterprise Products Partners LP, and looking ahead management anticipates an “extended recovery cycle” for the oil and gas industry. The Houston-based midstreamer’s 2Q2021 results “reflect the ongoing recovery in demand for hydrocarbons” as the global economy emerges from Covid-19 restrictions, co-CEO Jim…
August 2, 2021
Natural Gas Rig Count Drops to 103 as GOM Activity Slows
The U.S. natural gas rig count slipped one unit to 103 for the week ended Friday (July 30) as a pullback in the Gulf of Mexico (GOM) dragged the overall domestic tally lower, the latest data from Baker Hughes Co. (BKR) show. Declines in the United States also included two oil-directed rigs, leaving the combined…
July 30, 2021
GOM Rigs Exit as U.S. Count Slips Three Units to 488
Onshore activity held steady during the week ended Friday (July 30), but a decline in the Gulf of Mexico (GOM) saw the overall U.S. rig count slide three units to 488, according to the latest figures from Baker Hughes Co. (BKR). Declines in the United States included two oil-directed rigs and one natural gas-directed unit.…
July 30, 2021
Natural Gas Rig Count Unchanged as Oil Activity Surges
The U.S. natural gas rig count held steady at 104 during the week ended Friday (July 23), while a ramp-up in oil drilling drove the combined domestic tally seven units higher to 491, according to the latest data from oilfield services provider Baker Hughes Co. (BKR). All seven rigs added domestically for the week went…
July 23, 2021
U.S. Natural Gas Rig Count Up Two as GOM Activity Rises
The U.S. natural gas rig count rose two units to finish at 101 during the week ended Friday, a week that also saw a notable uptick in drilling activity in the Gulf of Mexico (GOM), according to updated data from oilfield services provider Baker Hughes Co. (BKR). Drilling gains in the United States for the…
July 9, 2021
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