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Delivering an integrated technician workforce for a just energy transition between oil and gas to wind has moved a step closer as 15 technicians complete the pilot…
Offshore drilling saw a temporary rebound , gaining 4 rigs. Here is a summary of the U.S. drilling continues a slow decline , led by losses in oil-directed rigs. Here is a summary of the U.S. drilling continues a slow decline , led by losses in oil-directed rigs. Texas remains the top drilling state despite a consistent downward trend.
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.
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 rigs led the decline, while natural gas rigs posted a slight gain. Oklahoma and the Marcellus/Utica region saw notable shifts, with mixed results across other key producing states. Here is a summary of the U.S. rig count changes based on your update: National Overview Total U.S. Here is a summary of the U.S. Here is a summary of the U.S.
As part of the service offering on this project, BEL Valves’ Service Technicians attended the site to remove the existing offshore valves and install the new valves in-line, the company said in the release. BEL Valves describes itself as a global leading manufacturer of high-integrity oil and gas valve technology.
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.
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 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
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.
oil and gas rig count posted a modest rebound, according to the latest Baker Hughes report. The total rig count rose by two, with both oil and gas rigs each ticking up by one. Rig Count Rises Utica Shale Leads Gains Baker Hughes appeared first on Oil Gas Leads. April 21, 2025 After four consecutive weeks of decline, the U.S.
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.
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.
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. Rig Count Rises for Second Consecutive Week Baker Hughes appeared first on Oil Gas Leads. April 28, 2025 U.S.
Traditional flaring inspection methodsreliant on expensive flyovers and in-person technician visitsare being replaced by remote cameras and AI-driven monitoring , significantly reducing costs and inspection times. shale industry but also setting the stage for the next era of energy production.
The facility will act as a hub for advanced engineering and train highly skilled technicians in-country, contributing to the development of local talent. The proof-of-concept is the first phase in a potential multi-stage deployment that could see the technology incorporated more widely across ADNOC L&Ss offshore logistics operations.
With recent elections putting an oil-and-gas-friendly government in place, this change could be sooner than later, he said. Named Enform, the system is currently in use offshore, but Enform Product Line Manager for Oil States Mike Jones says its primary application will be onshore, in places like the Permian Basin.
On September 14, 2014, James Mays, a valve technician and an employee of Furmanite American (“Furmanite”) died while servicing valves on a platform that was part of Chevron’s gas gathering system and located in Louisiana’s territorial waters. In Pacific Operators Offshore, LLP v. Chevron Pipe Line Co. 207, 222 (2012).
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