Oil Gas Leads

JUNE 11, 2025

This plan represents a continued, albeit measured, program – likely equating to about 1–2 drilling rigs running. Indeed, industry data indicates Ovintiv added an extra rig in Oklahoma early 2025 as gas prices improved.) For instance, in 2021–22 when public, Continental was spending nearly half its drilling budget in Oklahoma.

Operator 52

Operator Gas Oil Basin 52

Oil & Gas 360º

APRIL 29, 2025

For oil wells, the number fell 24% to 293, the lowest since 2021. as well, where Precision Drilling Corp. a drilling rig contractor operating in Canada, the U.S. Licenses for bitumen wells fell by six to 37. We think condensate is a good place to be in the next few years as oil sands diluent demand ramps up, Rix said.

Natural Gas 130

Natural Gas Gas Oil Condensate 130

Oil & Gas 360º

JUNE 11, 2025

sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. With fewer active drilling rigs, U.S. operators will drill and complete fewer wells through 2026, the EIA estimated. Already, the number of rigs drilling for crude in the U.S. (World Oil) – The U.S.

Oil 130

Oil Exploration and Production Drilling rig Barrel 130