Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
The U.S. Energy Information Administration’s report of a falling natural gas rig count backs up statements from producers in the Appalachian and Haynesville basins.
Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right.
Despite this week's rig increase, Baker Hughes said the total count was still down 31 rigs, or 5% below this time last year.
Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
The oil and gas rig count was steady at 592 in the week to March 14. Baker Hughes said that puts the total rig count down 37, or about 6% below this time last year.
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
Baker Hughes said this week's decline puts the total rig count down 30, or 5% below this time last year.
The U.S. Energy Information Administration’s report of a falling natural gas rig count backs up statements from producers in the Appalachian and Haynesville basins.
The oil and gas rig count rose by one to 593 in the week to February 28, its highest since June.
Despite this week's rig increase, Baker Hughes said the total count was still down 34, or 5% below this time last year.
U.S. energy firms added oil and natural gas rigs for a third week in a row for the first time since December 2023.
Despite this week's rig increase, Baker Hughes said the total count 6% below this time last year.