U.S. operators continued to dramatically rein in activity during the period ended Thursday (April 9), with the domestic count falling 62 rigs to 602, according to the latest numbers from Baker Hughes Co. (BKR).
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Cliff’s Edge a Distant Memory as Rig Count Plummets Ever Lower; U.S. Drops Another 62 Units
U.S. operators continued to dramatically rein in activity during the period ended Thursday (April 9), with the domestic count falling 62 rigs to 602, according to the latest numbers from Baker Hughes Co. (BKR).
U.S. Produced Water Volumes Seen Falling On Covid-19, Oil Price Collapse
Produced water from U.S. onshore oil and gas wells is expected to total nearly 20 billion barrels annually by 2022, down almost 4% from 2019 volumes, according to new analysis by IHS Markit.
U.S. Produced Water Volumes Seen Falling On Covid-19, Oil Price Collapse
Produced water from U.S. onshore oil and gas wells is expected to total nearly 20 billion barrels annually by 2022, down almost 4% from 2019 volumes, according to new analysis by IHS Markit.
Oil, Gas Prospects in Texas, Louisiana and New Mexico ‘Extremely Pessimistic,’ Says Dallas Fed
Oil and natural gas activity in Texas, southern New Mexico and northern Louisiana fell off a cliff in the first three months of the year, unsurprising news from the Federal Reserve Bank of Dallas.
Aethon, BJ Services to Power Up Natural Gas-Fueled Fracture Fleet in Haynesville
BJ Services said Wednesday it plans to deploy a natural gas-fueled fracture fleet in the Haynesville Shale by the end of this year for Aethon Energy Management LLC.
Midcoast Sanctions CJ Express, Bolstering Haynesville Access to Gulf Coast
The East Texas operating subsidiary of Midcoast Energy LLC has made a final investment decision and entered into long-term anchor shipper agreements in support of its CJ Express expansion project, allowing producers in the Haynesville Shale further access to Gulf Coast markets.
4Q2019 Earnings: Goodrich Well Hedged Against Low Natural Gas Prices, CEO Says
Haynesville Shale pure play Goodrich Petroleum Corp. is well positioned relative to its peers to withstand low natural gas prices and general market uncertainty, company executives said Thursday.
4Q2019 Earnings: Chesapeake to Cut NatGas Production, Keep Oil Volumes Flat to Weather Downturn
Chesapeake Energy Corp. executives said Wednesday the company is no longer in jeopardy of filing bankruptcy, noting that a series of cost-cutting initiatives and financial measures aimed at reducing debt have put it back on track.
Permian, Haynesville Add Rigs to Nudge Overall U.S. Count Higher
Increased activity in the Permian Basin and Haynesville Shale helped push the U.S. rig count one unit higher to 791 for the week ended Friday (Feb. 21), according to the latest data from Baker Hughes Co. (BKR).