FERC on Friday authorized Rover Pipeline LLC to start up three units at its Compressor Station 1 in Carroll County, OH, putting the 3.25 Bcf/d mega project a step closer to bringing its full capacity online by 1Q2018.
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Rigs, Texas Well Permitting, Houston Oil/NatGas Jobs All Rising
Ten U.S. land-based drilling rigs returned to action during the week just ended, according to Baker Hughes Inc. (BHI). The week ended with 823 rigs active on land, more than twice the 409 that were running one year ago.
Permian Again Leads Rig Gains, But NatGas-Heavy Basins Climbing, Too
One-dozen rigs returned to the Permian Basin during the week just ended, according to Baker Hughes Inc. (BHI), and that propelled Texas to an overall gain of seven units during the week. But the good news for the energy patch isn’t confined to the Permian or to Texas.
Mostly Oil Rigs Return; Associated NatGas Production Won’t Be Enough, Analyst Says
More rigs came back during the week just ended, natgas-directed units, too, according to Baker Hughes Inc. (BHI). Meanwhile, analysts are looking to new natural gas takeaway capacity and production growth, particularly in the Northeast.
Offshore Rigs Decline as Land Drillers Resume Comeback
Fourteen U.S. land-based rigs returned to play during the week ending Sept. 2, according to Baker Hughes Inc. (BHI). Gains were tempered, though, by the departure of seven offshore rigs, offset by one returning to the inland waters.
NatGas Rigs Return Among Shale Play Production Declines
This is likely to be the first year since the dawn of the shale era that doesn’t show year-over-year natural gas production growth, Societe Generale analyst Breanne Dougherty said in note late last month.
Seadrill Holding Down Costs, Expecting More Work in Mexico
Offshore driller Seadrill Management Ltd. during the second quarter continued to pare costs and defer delivery of newbuild rigs as much as possible. The company said it has disputed a recent contract termination by Petroleos Mexicanos (Pemex) for the West Pegasus rig and is reviewing its legal options.
Oil Rigs Return as Gas Units Depart, Yielding A Net Gain of One
A few more U.S. land-based rigs trickled back to the energy patch during the week ending Aug. 5, according to Baker Hughes Inc. The gain of three rigs on land was tempered by the loss of two in the offshore for a net U.S. gain of one unit. Oil rigs ascended, while natural gas-focused units declined.
Six Oil Rigs Come Back; Permian Gains Two
More U.S. land-based drilling rigs returned to play in the Baker Hughes Inc. (BHI) rig count released Friday, but the pace of return slowed from the previous week. The Permian Basin turned in another strong showing.
Texas Again Leads Rig Declines, But Canada Sees Comeback
In its survey for the week ending May 13, Baker Hughes Inc. said nine rigs left U.S. play (six from land, one from the inland waters and two from the offshore). That compares with the preceding week when only five U.S. units departed (see Daily GPI, May 6).