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energy firms cut the number of oil and natural gas rigsoperating for a fourth month in a row to the lowest since October 2021, 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, fell by seven to [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for a seventh week in a row to the lowest since November 2021, 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, fell by [Read more]
The number of hydraulic fracturing crews and rigsoperating in North Dakota was unchanged in June, even as oil prices have faced increased volatility in recent weeks, the state regulator said on Tuesday during a monthly briefing. There are currently 13 frac crews operating in the state and 32 rigs. Overall, U.S.
energy firms this week cut the number of oil and natural gas rigsoperating for an eighth week in a row for the first time since September 2023, 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, fell [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for a 10th week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely followed report on Thursday. The oil and gas rig count, an early indicator of future output, fell [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for a fourth week in a row, bringing the count to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for a sixth week in a row for the first time since September 2023, 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, fell [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for the third week in a row for the first time since mid April, 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, fell [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for a fifth week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. It was the first time since September 2023 that the number of rigs declined [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for the first time in three 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, fell by three to 584 in the week [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for the first time in three 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, fell by one to 592 in the week [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating for the first time in six 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, fell by one to 592 in the week [Read more]
energy firms this week cut the number of oil and natural gas rigsoperating to their lowest since January, 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, fell by six to 578 in the week to May [Read more]
energy firms this week cut the total number of rigsoperating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of [Read more]
energy firms this week kept the number of oil and natural gas rigsoperating unchanged, 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, was steady at 592 in the week to March 14. Baker Hughes said that [Read more]
The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling. The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. The well results have confirmed the presence of oil and provided essential data for potential development.
Patterson-UTI Energy (NASDAQ: PTEN) kicked off 2025 with a steady operational performance, a strategic focus on natural gas, and an unwavering commitment to drilling innovation. energy sector. ” Conclusion Patterson-UTIs first quarter of 2025 showcased a company staying the course in a shifting landscape.
Ensign T138 The Ensign T138 drilling rig is part of Ensign Energy Services’ fleet, a company renowned for its advanced drilling technologies and global operations. Ensign T138: Operational Highlights Drilling Activity : In 2024, Ensign T138 drilled 25 wells for Diamondback Energy, primarily in Martin County, Texas.
the rise of unconventional resources like coal bed methane, and how the industry began reshaping Americas energy map. This wasnt just about producing oil and cementing Americas path toward energy independence. Merged with Texaco in 2001, solidifying its position as one of the worlds energy giants. Now, heres Part 2.
The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. MMcfe/day Costs and Financial Performance Operating Costs: LOE: $114 million or $9.39/Boe
Safety, efficiency, and reliability are paramount in successful drilling rigoperations. This blog post highlights the crucial significance of utilizing high-quality dies and inserts in the oil and gas industry. Investing in top-notch dies and inserts not only prevents accidents but also leads to long-term cost savings.
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