Gains in natural gas-directed drilling offset a drop in oil activity to leave the U.S. rig count unchanged at 254 during the week ended Friday (Aug. 28), according to the latest data from oilfield services provider Baker Hughes Co. (BKR). The United States added three natural gas rigs and lost three oil rigs for the…
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Natural Gas Rigs Down, but Overall U.S. Count Sees First Post-Covid Increase
The U.S. natural gas rig count fell one unit to 69 during the week ending Friday (Aug. 21), a small decline overshadowed by a decisive uptick in oil-directed activity, the latest data from Baker Hughes Co. (BKR) show. For the first time since the widespread adoption of measures to limit the spread of Covid-19 began…
August 21, 2020
Permian Leads as U.S. Rig Count Climbs for First Time Post-Covid
For the first time since the widespread adoption of measures to limit the spread of Covid-19 began hammering energy demand earlier this year, the United States added rigs on a week/week basis, according to the latest data from Baker Hughes Co. (BKR). The United States added 10 rigs overall during the week ending Friday (Aug.…
August 21, 2020
U.S. Adds One Natural Gas Rig; Oil Count Slides
The U.S. natural gas rig count added one unit to reach 70 for the period ending Friday (Aug. 14), while continued declines in the oil patch saw the overall domestic count slide for the week, according to updated figures from oilfield services (OFS) provider Baker Hughes Co. (BKR). Driven by another week of attrition in…
August 14, 2020
Permian Losses See U.S. Rig Count Sink Further
Driven by another week of attrition in the oil-focused Permian Basin, the U.S. rig count fell three units to 244 for the period ending Friday (Aug. 14), according to updated figures from oilfield services (OFS) provider Baker Hughes Co. (BKR). A four-rig decrease in oil-directed drilling was partially offset by a net increase of one…
August 14, 2020
U.S. Natural Gas Rig Count Steady, but More Oil Rigs Exit Patch
The U.S. natural gas rig count finished unchanged at 69 for the week ended Friday (Aug. 7), while yet another round of losses in the oil patch saw the combined domestic tally grind lower, according to the latest numbers from Baker Hughes Co. (BKR). The overall U.S. rig count dropped four units — all oil-directed…
August 7, 2020
North Dakota Reports ‘Five-Alarm Fire’ as Production Tumbles
Calling it a “five-alarm fire,” North Dakota’s chief oil and gas regulator on Friday reported record oil and gas production declines during May among a sea of inactive or under-active Bakken Shale wells. May oil production fell 30% to 26.6 million bbl (858,000 b/d), compared to 36.6 million bbls (1.2 million b/d) in April. Natural…
July 20, 2020
U.S. Adds One Natural Gas Rig as Oil Count Slides
The U.S. natural gas rig count climbed one unit to finish at 76 for the holiday-shortened week ending Thursday (July 2), while declines in the Permian Basin led a modest drop-off in the oil patch, according to the latest numbers from Baker Hughes Co. (BKR). After accounting for a three-rig decline in oil-directed rigs, the…
July 2, 2020
U.S. Drops One Natural Gas Rig, Oil Paces Small Gain in BHI’s Count
The United States dropped one natural gas-directed rig as an uptick in oil activity led to a small increase in Baker Hughes Inc.’s tally for the week ended Friday.
July 27, 2018
BHP Billiton Lauds Eagle Ford, But Cuts Capex For 2014
Australia’s BHP Billiton Ltd. said the Eagle Ford Shale has become the largest producing field in its petroleum and potash division for the year ending June 30, but the company plans to scale back its rig count and spend less on capital expenditures (capex) in the United States in 2014.
August 21, 2013
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