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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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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.

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

McKinsey

This calls for reskilling programs and investment in high-value roles such as field technicians with advanced digital competencies. Each technician receives a personalized, fully optimized agenda every morning via their tablet, enabling them to focus on execution, not coordination.

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Congratulations, you bought a house! Now what?  

American Gas Association

Whether you’re a first-time buyer or moving from one home to another, there are a few easy steps you can take to make sure your natural gas home is ready for move-in. Set up service with your natural gas utility provider. Understand what natural gas appliances are in your home and get acquainted.

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Rig Count Falls to 563 – Oil Rigs Down, natural gas rigs posted a slight gain – Baker Hughes

Oil Gas Leads

Oil rigs led the decline, while natural gas rigs posted a slight gain. June 2, 2025 The U.S. rig count continued its downward trend last week, dropping by 3 rigs to 563 the lowest level since November 2021. Oklahoma and the Marcellus/Utica region saw notable shifts, with mixed results across other key producing states.

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Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

Oil Gas Leads

The recent decline in rig countsespecially in the Permian Basinsignals a measured approach to production, even as long-term demand for both oil and natural gas is expected to grow. With market volatility likely to persist, timely rig data and operational insights will be critical for staying ahead in todays dynamic energy landscape.

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

Oil Gas Leads

crude and natural gas production over the next two years, driven by strong LNG demand and increasing power consumption from data centers. Natural Gas Outlook: The EIA forecasts a 73% increase in gas prices in 2025 , which could incentivize more drilling after a 14% price drop in 2024. bcfd in 2024 to 105.2

Gas