Notable increases in both oil and natural gas drilling sent the U.S. rig count surging 15 units higher to 338 during the week ending Friday (Dec. 11), according to figures from oilfield services provider Baker Hughes Co. (BKR). The United States added 12 oil-directed rigs along with four natural gas-directed, partially offset by a decline…
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Natural Gas Rig Count Down Two; Oil Growth Propelling Rise in U.S. Drilling
The U.S. natural gas rig count dropped two units to 75 for the week ending Friday (Dec. 4), while another week of growth in the oil patch lifted the overall domestic count higher, according to the latest figures published by oilfield services provider Baker Hughes Co. (BKR). The United States saw a net increase of…
December 4, 2020
Growth in Oil Drilling Spurs U.S. Rig Count Higher; Natural Gas Rigs Decrease
Another week of growth in the oil patch lifted the U.S. rig count three units to 323 for the week ending Friday (Dec. 4), according to the latest figures published by oilfield services provider Baker Hughes Co. (BKR). The United States saw a net increase of five oil-directed rigs for the week, offsetting a decline…
December 4, 2020
U.S. Adds Three Natural Gas Rigs as Oil Drilling Slows
The U.S. natural gas rig count climbed three units to 76 for the week ending Friday (Nov. 20), while a slowdown in the oil patch dragged the overall domestic tally slightly lower, according to the latest numbers from Baker Hughes Co. (BKR). The combined U.S. rig count fell two units overall to 310 after a…
November 20, 2020
Slowdown in Oil Patch Sees U.S. Rig Count Ease Lower
Driven by declines in the oil patch, the U.S. rig count fell two units to 310 for the week ending Friday (Nov. 20), according to the latest numbers from Baker Hughes Co. (BKR). After a five-rig decrease in oil-directed drilling, partially offset by the addition of three natural gas-directed rigs, the overall domestic tally finished…
November 20, 2020
Two Natural Gas Rigs Added in U.S. as Oil Drives Double-Digit Drilling Increase
The U.S. natural gas rig count rose two units to 73 for the week ending Friday (Nov. 13), while strength in the oil patch drove a double-digit increase in domestic drilling overall, according to the latest data from Baker Hughes Co. (BKR). Already on the ascent, the U.S. rig count’s trajectory bent further upward for…
November 13, 2020
U.S. Rig Count Rises Double Digits as Recovery Gains Steam
Already on the ascent, the U.S. rig count’s trajectory bent further upward for the week ended Friday (Nov. 13), as strength in oil-directed drilling lifted the overall domestic tally 12 units to 312, according to the latest data from Baker Hughes Co. (BKR). Gains for the week included 10 oil rigs and two natural gas-directed…
November 13, 2020
U.S. Rig Count Claws Back to 300 Mark on Strength of Oil Drilling
Another week of gains in oil-directed drilling lifted the overall U.S. rig count four units to an even 300 as of the week ending Friday (Nov. 6), according to the latest data published by Baker Hughes Co. (BKR). The BKR numbers, which are based on data provided in part by Enverus Drillinginfo, show a five-rig…
November 6, 2020
U.S. Rig Count Extends Steady Uptrend on Strength of Permian Gains
Further recovery in the oil patch, especially in the Permian Basin, lifted the U.S. rig count nine units higher to 296 for the week ending Friday (Oct. 30), according to Baker Hughes Co. (BKR) data. The addition of 10 oil-directed rigs offset the departure of one natural gas-directed unit in the United States for the…
October 30, 2020
Precision Drilling Sees U.S. Rig Demand Improving, Canada Accelerating Natural Gas Activity
Calgary-based Precision Drilling Corp., one of the largest drilling contractors in North America, is seeing U.S. demand improve, with Canada activity accelerating in natural gas and liquids-rich plays. During a conference call to discuss third quarter results, CEO Kevin Neveu said the Lower 48 rig count already has improved off the “third quarter lows back…
October 23, 2020
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