After plummeting 28 rigs in the week-ago tally, the Baker Hughes Inc. census of active U.S. drilling rigs held steady with the previous week in the report issued Friday (Dec. 18).
Rigs
Articles from Rigs
17 NatGas Rigs Leave Active Duty; Oil Gains 17
Drillers voted overwhelmingly in favor of oil in the latest Baker Hughes Inc. U.S. rig count. While the overall U.S. count was static, 17 oil rigs were added, neatly offset by the departure of 17 natural gas rigs.
U.S. Rig Count Plummets 28; Horizontal, Vertical Units Nearly Tied For Losses
The North American rig count swooned last week, losing 31 units, according to Baker Hughes Inc., just as a group of oilfield services (OFS) analysts said in a note assessing the sector that things are “so bad it may be good.”
NGI The Weekly Gas Market Report
Rigs Plummet; Analysts Hint at Months-Away Recovery
The North American rig count dropped by 31 units last week, according to Baker Hughes Inc., just as a group of oilfield services (OFS) analysts said in a note assessing the sector that things are “so bad it may be good.”
U.S. Rig Count Down Seven; Permian Drops Most
The tally of rigs plying unconventional basins held mostly steady from one basin to the next in the latest weekly census by Baker Hughes Inc. The Permian saw the exit of four rigs, making it the biggest loser for the week ending Friday (Dec. 4).
Three NatGas Rigs Return in Latest Tally
The tally of rigs plying U.S. natural gas plays is off 44% from one year ago, and that’s with a slight uptick of three units in the latest rig census by Baker Hughes Inc. for the week ending Friday (Dec. 4).
Rig Count Continues Slide in U.S.; Canada Sees Rare Uptick
The rig count for the shortened Thanksgiving holiday week ending Nov. 25 was down in most domestic unconventional plays and across the United States, but Canada experienced a rare uptick in its rig numbers, according to Baker Hughes Inc.
NGI The Weekly Gas Market Report
U.S. Rig Decline Continues; Canada Reverses Course, Adding 18 Rigs
The rig count for the shortened Thanksgiving holiday week ending Nov. 25 was down in most domestic unconventional plays and across the United States, but Canada experienced a rare uptick in its rig numbers, according to Baker Hughes Inc.
Rigs Fleeing; NatGas Production Growth Moderating, Analysts Say
Northeast pipeline constraints and falling rigs in other regions are affecting the natural gas production growth outlook of Barclays analysts. Meanwhile, the rig count for the week ending Nov. 20 sees North America dropping 20 units.
U.S., Canada Give Up 10 Rigs Each
The United States and Canada each lost a net of 10 rigs, according to the most recent Baker Hughes tally for the week ending Nov. 20. All of the departing U.S. rigs were oil-directed. However, in Canada nine natural gas-directed rigs left, but only one oil-focused unit departed.