Rigs

The U.S. natural gas rig count eased one unit lower to 91 for the holiday-shortened week ended Thursday (April 1), while a spring surge in the oil patch sent the overall domestic tally higher by double digits, according to data published by Baker Hughes Co. (BKR). Thirteen oil-directed rigs were added in the United States,…

The U.S. natural gas rig count went unchanged at 92 during the week ended Friday (March 26), while another round of gains in the oil patch drove continued growth in overall domestic drilling activity, according to data from Baker Hughes Co. (BKR). After adding nine rigs in the previous week, the U.S. oil patch picked…

On the strength of growth in the oil patch, and in the Permian Basin in particular, the U.S. rig count continued its ascent during the week ending Friday (Jan. 29), climbing six units to 384, according to oilfield services provider Baker Hughes Co. (BKR). All of the net gains on the week were in oil-directed…

Hess Corp. remains laser-focused on developing assets in the Bakken Shale of North Dakota and offshore Guyana, directing the lion’s share of its $1.9 billion exploration and production (E&P) capital and exploratory budget to the “high return, low cost” assets for 2021. The New York City-based producer in the first quarter is set to increase…

Amid large gains in the Permian Basin and the Marcellus Shale, the U.S. rig count surged 9 units higher to 360 for the period ending Friday (Jan. 8), according to the latest weekly numbers published Friday by oilfield services provider Baker Hughes Co. (BKR). The rise in domestic drilling included an increase of eight oil-directed…

The U.S. natural gas rig count finished unchanged at 83 for the period ending Wednesday (Dec. 30), while an increase in oil activity saw domestic drilling close out 2020 on a positive note, according to updated numbers published by oilfield services provider Baker Hughes Co. (BKR). Driven by a three-rig increase in oil-directed drilling, the…

The U.S. natural gas rig count climbed two units to 83 for the holiday-shortened week ending Wednesday (Dec. 23), while Canada saw a notable drop-off in activity ahead of the Christmas holiday, according to the latest figures from Baker Hughes Co. (BKR). After some shuffling around in the major U.S. onshore plays, the overall domestic…

After some shuffling around in the major U.S. onshore plays, the domestic rig count added two units to finish at 348 for the holiday-shortened week ending Wednesday (Dec. 23), according to Baker Hughes Co. (BKR). An increase of two natural gas-directed units and one oil-directed unit, partially offset by the loss of one miscellaneous unit,…

The U.S. natural gas rig count rose two units to 81 during the week ended Friday (Dec. 18), while the Permian Basin led in another strong week for the domestic oil patch, according to the latest figures published by oilfield services provider Baker Hughes Co. (BKR). Alongside the natural gas rigs, the United States added…