Rigs

Iron Horse Midstream is adding another natural gas cryogenic processing plant at its 120-acre complex in Grady County, OK, in the heart of the Anadarko Basin. The Dallas-based firm said the 200 MMcf/d plant would boost natural gas processing capacity in the SCOOP/STACK (South Central Oklahoma Oil Province and Sooner Trend of the Anadarko Basin,…

With oil and natural gas development rising, Tulsa-based driller Helmerich & Payne Inc. (H&P) is on course to achieve the best economic returns in eight years, CEO John Lindsay said recently.  “We are beginning to recognize economic returns at levels that we have not experienced since 2014,” Lindsay said during the fiscal fourth quarter quarter…

Bolstered by modest gains in both natural gas and oil drilling, the combined U.S. rig count climbed three units to 782 for the week ended Friday (Nov. 18), according to updated numbers published by Baker Hughes Co. (BKR). Changes in the United States for the week included gains of two natural gas-directed rigs and one…

The U.S. natural gas rig count finished unchanged at 155 for the week ended Nov. 11, while gains in the Gulf of Mexico (GOM) and in the Permian Basin helped drive the combined domestic tally nine units higher to 779, according to updated numbers published Friday by Baker Hughes Co. (BKR). Oil-directed drilling accounted for…

Driven by strong growth in the Permian Basin and in the Gulf of Mexico (GOM), the U.S. rig count surged nine units higher to 779 for the week ended Nov. 11, oilfield services provider Baker Hughes Co. (BKR) reported Friday. Oil-directed drilling accounted for the entirety of the domestic gains for the period, as the…

Flexibility is key to all that Coterra Energy Inc. is planning for the Lower 48 in 2023, as inflationary headwinds drive up the price for things across the board, executives said. Coterra, formed last year with the merger of Cabot Oil & Gas Corp. and Cimarex Energy Co., focuses on producing natural gas and oil…

Driven by a slowdown in the Gulf of Mexico (GOM), the U.S. rig count fell three units to 762 for the week ended Friday (Oct. 7), according to updated numbers from oilfield services provider Baker Hughes Co. (BKR). Declines in the United States included two oil-directed rigs and one natural gas-directed rig. One rig was…

Amid a slowdown in the Gulf of Mexico (GOM), the U.S. natural gas rig count fell one unit to 158 for the week ended Friday (Oct. 7), according to the latest figures from oilfield services provider Baker Hughes Co. (BKR). Declines in the United States also included two oil-directed rigs, with the combined U.S. count…

The U.S. natural gas rig count slid one unit lower to 159 for the week ended Friday (Sept. 30), while a small increase in oil activity pushed the overall domestic tally one unit higher to 765, according to the latest numbers from Baker Hughes Co. (BKR). Total oil rigs increased by two domestically week/week. The…