Basin rig count up five as prices slide

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Basin rig count up five as prices slide

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region. Nationally, the oil and gas rig count is up six from last week at 582 rigs. A year ago, 619 rigs were active. The count shows that 479 rigs sought oil, up seven from the previous week, and 98 explored for natural gas, down one from the previous week. The count…

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The Beginning of Drill Baby Drill? US Oil Drillers See Uptick In Activity

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig drop in each of the two weeks prior. The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year. The number of oil rigs rose by 7—down by 20 compared to this time last year. The number of gas rigs fell by 1, reaching 98, a loss …

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Only high prices can become the main driver of the rapid growth in US oil production

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U.S. rig count increased by 6 as of this week, at 582 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. had an increase of 6 over last week, resulting in a total count of 582 rigs. Canada had an increase of 13 over last week, resulting in a total Canadian count of 258 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford, the Cana Woodford, the Eagle Ford, the Permian, the Williston regions experienced an increase this week. Meanwhile, 2 regions experienced a de

Energy News for the United States Oil & Gas Industry | EnergyNow.com

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US Drillers Add Oil and Gas Rigs for First Time in Eight Weeks, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by six to 582 in the week to Jan. ...

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US Drillers Add Oil, Gas Rigs for First Time in Eight Weeks

For January, total oil and gas rigs fell by seven, the most in a month since June, with both oil and gas rigs down by four in January.