Remove Gas Remove Offshore Remove Technician
article thumbnail

Oil and Gas to Wind Cross-Skill Pilot Delivers First Batch of Qualified Technicians

Offshore Engineer

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…

article thumbnail

Oil Rigs Down, Offshore Activity Up – Baker Hughes

Oil Gas Leads

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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 52
article thumbnail

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. 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.

article thumbnail

BEL Valves Bags $6.7MM North Sea Oil Installation

Rigzone

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 62
article thumbnail

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

Oil Gas Leads

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 52