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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. With the total active rig count falling to 539—down 8 from the previous week and 46 below year-ago levels—states like Oklahoma are beginning to mirror the broader contraction.

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Logistics Coordinator Contact List – CA

Oil Gas Leads

This includes arranging for the movement of products via pipelines, trucks, ships, or other modes of transportation, depending on the specific needs of the company. They need to ensure that the right materials are available at the right time and in the right quantities.

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Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

Oil Gas Leads

Operators are leaning on efficiency gains and strategic capital deployment to sustain output with fewer rigs. May 19, 2025 As the U.S. Here’s a snapshot of the current landscape, key state-by-state trends, and what it means for 2025. Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S.

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

Oil Gas Leads

producers, balancing capital discipline and shareholder returns with the need to sustain future output. However, industry executives at CERAWeek warn that infrastructure bottlenecks could pose long-term challenges. The flat rig count reflects a cautious approach by U.S.

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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. The Marcellus held steady at 24 rigs across Pennsylvania, West Virginia, and Ohio, while the Utica remained at 11 rigs. Oklahomas drilling activity was unchanged at 49 rigs , reflecting stable operations in the region.

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U.S. Fifth Circuit Clarifies “Substantial Nexus” Test for LHWCA

The Energy Law

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. Chevron also moved for remittitur, but the district judge sustained but $527.54 of the award.

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U.S. Rig Count Slides Again Amid Price Volatility – Baker Hughes

Oil Gas Leads

The slump, partly driven by tariff tensions, raises questions about how sustainable current dividend and buyback commitments will be. At the same time, crude prices have dropped 20% in the first 100 days of U.S. President Donald Trumps second term, falling to levels not seen since the COVID-19 pandemic.