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Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Oil Gas Leads

JUNE 9, 2025

Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Several major basins, including the Permian and Eagle Ford, recorded new lows. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. Here is a summary of the U.S. Here is a summary of the U.S.

Gas

Gas Oil Engineer Engineering

Vaquero Midstream Expands Delaware Basin Footprint with New Pipeline Loop and Cryogenic Plant

Oil Gas Leads

APRIL 30, 2025

Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.

Midstream

Midstream Pipeline Basin Engineer

ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Oil Gas Leads

MARCH 14, 2025

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3

Basin

Basin Sustainable Sustainability Technician

Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

Oil Gas Leads

APRIL 14, 2025

oil and gas sector faced a notable setback this week as the national rig count dropped by seven, bringing the total to 583 active rigsthe lowest level since early 2022. oil and gas rig activity , based on the Baker Hughes rig count for the week ending April 11, 2025: National Rig Count Summary Total U.S. April 14, 2025 The U.S.

Oil

Oil Engineer Engineering Consulting

US Rig Count Steady at 592, Oil Up 1, Gas Down 1 – Baker Hughes

Oil Gas Leads

MARCH 17, 2025

oil and gas rig count remained unchanged this week at 592 , according to the latest Baker Hughes report. While oil-directed rigs increased by 1 to 487 , gas rigs declined by 1 to 100 , reflecting a cautious drilling environment amid shifting market dynamics. gas production is projected to rise from 103.2 March 17, 2025 The U.S.

Gas

Gas Oil Engineer Engineering

Permian Activity Drops to 2-Year Low – Baker Hughes

Oil Gas Leads

APRIL 7, 2025

April 7, 2025 As the oil and gas industry continues navigating price volatility and shifting capital strategies, the latest rig count data from Baker Hughes and Enverus reveals a mixed picture. The Permian Basin, in particular, saw a notable drop, reaching its lowest rig total since February 2022.

Basin

Basin Engineer Engineering Consulting

Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

Oil Gas Leads

MAY 19, 2025

oil and gas sector continues to navigate price volatility and capital discipline, the latest Baker Hughes rig count highlights a steady decline in drilling activity even as production forecasts remain bullish. bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2025 Gas production: Expected to increase to 104.9

Engineer

Engineer Engineering Consulting Technician

U.S. Rig Count Rises – Baker Hughes

Oil Gas Leads

MARCH 31, 2025

oil and gas rig count dipped slightly this week, falling by one to a total of 592 active rigs, according to the latest data from Baker Hughes. Rig Count Rises Baker Hughes appeared first on Oil Gas Leads. March 31, 2025 The U.S. Overall Rig Count : Total U.S.

Engineer

Engineer Engineering Consulting Technician

Devon Energy Q1 2025 Drilling Review: Rig Count, Efficiency, and Regional Shifts

Oil Gas Leads

MAY 7, 2025

What Devon Said About Drilling, Rigs, and Completions Devons capital activity in the first quarter averaged 23 operated drilling rigs and 6 completion crews… 136 gross operated wells were placed online, with an average lateral length of 10,700 feet. per Boe, total production cost at $12.42

Drilling rig

Drilling rig Energy Energy Engineer

U.S. Rig Count Rises – Baker Hughes

Oil Gas Leads

MARCH 24, 2025

oil and natural gas rig count experienced its first increase in three weeks, according to the latest Baker Hughes report released on March 21, 2025. The slight recovery in drilling activity comes amid a challenging environment of fluctuating oil and gas prices, ongoing market uncertainties, and shifting priorities among energy companies.

Engineer

Engineer Engineering Consulting Barrel

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

MARCH 10, 2025

oil and gas industry saw a slight dip in drilling activity last week, as Baker Hughes reported a one-rig decline , bringing the total national rig count to 592. While the decrease was minimal, it reflects broader industry trends influenced by oil and gas prices, production strategies, and market conditions. March 10, 2025 The U.S.

Engineer

Engineer Engineering Consulting Gas

U.S. Rig Count Rises for Second Consecutive Week – Baker Hughes

Oil Gas Leads

APRIL 28, 2025

According to the latest Baker Hughes report, the total number of active oil and gas rigs rose by two to 587, although overall rig activity remains below last year’s levels. Texas and New Mexico, the largest basins, remain flat week-over-week. April 28, 2025 U.S. Oklahoma is a bright spot with +10 rigs YoY.

Engineer

Engineer Engineering Consulting Oil

Taking Carbon Captive

Permian Basin Oil and Gas Magazine

MAY 12, 2025

With recent elections putting an oil-and-gas-friendly government in place, this change could be sooner than later, he said. A third issue for him is that, in basins like the Permian, CCUS projects inject into oil formations that are no longer viable for productionat least, not with todays technology and pricing. But wait, theres more.

Casing

Casing Abandonment Oil IT

U.S. Rig Count Slides Again Amid Price Volatility – Baker Hughes

Oil Gas Leads

MAY 5, 2025

energy firms trimmed the number of active oil and gas rigs, signaling caution amid persistent price pressures and policy uncertainty. Key Takeaways: Oil rigs dropped by four to 479, while gas rigs edged up by two to 101. Rig Count Slides Again Amid Price Volatility Baker Hughes appeared first on Oil Gas Leads.

Engineer

Engineer Engineering Consulting Technician

Energy Aggregated

Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Vaquero Midstream Expands Delaware Basin Footprint with New Pipeline Loop and Cryogenic Plant

Trending Sources

ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

US Rig Count Steady at 592, Oil Up 1, Gas Down 1 – Baker Hughes

Permian Activity Drops to 2-Year Low – Baker Hughes

Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

U.S. Rig Count Rises – Baker Hughes

Devon Energy Q1 2025 Drilling Review: Rig Count, Efficiency, and Regional Shifts

U.S. Rig Count Rises – Baker Hughes

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

U.S. Rig Count Rises for Second Consecutive Week – Baker Hughes

Taking Carbon Captive

U.S. Rig Count Slides Again Amid Price Volatility – Baker Hughes

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