Rig Count

U.S. Adds More Oil Rigs in Lower 48, while Natural Gas Count Holds Steady

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

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

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

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

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

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
Rigs Added in Gulf of Mexico as U.S. Count Continues Steady Ascent

Rigs Added in Gulf of Mexico as U.S. Count Continues Steady Ascent

An uptick in drilling activity in the Gulf of Mexico (GOM) helped lift the U.S. rig count four units higher to 479 during the week ended Friday (July 9), according to updated numbers from oilfield services provider Baker Hughes Co. (BKR). Drilling gains in the United States for the week were split evenly between natural…

July 9, 2021
Natural Gas Rig Count Up as Overall U.S. Activity Flat in Latest Tally

Natural Gas Rig Count Up as Overall U.S. Activity Flat in Latest Tally

The U.S. natural gas rig count climbed one unit to finish at 98 for the week ended Friday (June 25), while a small decline in oil rigs left the overall domestic tally flat for the period, according to data from Baker Hughes Co. (BKR). One oil-directed rig exited the patch in the United States during…

July 2, 2021
Rigs Added in Permian, Marcellus as U.S. Drilling Count Continues Uptrend

Rigs Added in Permian, Marcellus as U.S. Drilling Count Continues Uptrend

With gains spread across multiple drilling regions, including the Permian Basin and the Marcellus Shale, the U.S. rig count climbed five units to finish at 475 for the week ended Friday (July 2), according to the latest tally from Baker Hughes Co. (BKR). Four oil-directed rigs and one natural gas-directed rig were added in the…

July 2, 2021
Natural Gas Rig Count Up as Overall U.S. Activity Flat in Latest Tally

Natural Gas Rig Count Up as Overall U.S. Activity Flat in Latest Tally

The U.S. natural gas rig count climbed one unit to finish at 98 for the week ended Friday (June 25), while a small decline in oil rigs left the overall domestic tally flat for the period, according to data from Baker Hughes Co. (BKR). One oil-directed rig exited the patch in the United States during…

June 25, 2021