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US Oil Rig Count Hits 3-Year Low – Baker Hughes

Oil Gas Leads

This trend reflects a cautious industry response to sustained price volatility, investor pressure, and a strategic pivot toward natural gas. Strategic Shift Toward Gas: Natural gas rigs are up 7 YoY , showing resilience. Producers may be pivoting to gas due to: Stronger gas prices. LNG export growth potential.

Oil
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U.S. Rig Activity Rebounds Amid Rising Natural Gas Prices – Baker Hughes

Oil Gas Leads

oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in natural gas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.

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Completions Consultant Contact List CA

Oil Gas Leads

Completions Consultant plays a crucial role in the oil and gas industry, specifically in the final stages of well construction and preparation for production. Supervision and Coordination: During the completion operations, Completions Consultants supervise and coordinate the activities of the drilling and production teams.

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Rethinking the future: A new operating model for gas distributor success

McKinsey

Skip to main content Rethinking the future: A new operating model for gas distributor success July 31, 2025 | Article Alessandro Agosta   Humayun Tai Beatrice Enrico A new target operating model is crucial if gas distribution system operators are to capture the opportunities presented by changing market forces.

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

Oil Gas Leads

Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021.

Gas
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U.S. Rig Count Falls for 9th Straight Week, Oil Rigs Hit 3-Year Low – Baker Hughes

Oil Gas Leads

oil and gas drilling sector continues its downward trend as the Baker Hughes rig count fell for the ninth consecutive week , marking the longest streak of declines since mid-2020. Gas rigs up YOY , signaling selective interest in gas-focused plays. June 30, 2025 The U.S. Here is a concise summary of the latest U.S.

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Total Drops to 537, Down 47 YoY – Baker Hughes

Oil Gas Leads

Oil and gas producers remain cautious in the face of soft commodity prices, rising service costs, and a focus on capital discipline. Rigs : 537 (↓ 2) – lowest since Oct 2021 Oil Rigs : 424 (↓ 1) – lowest since Sept 2021 Gas Rigs : 108 (unchanged) Misc. Rig Count Trends Total U.S.