Jennifer
Pallanich
Hart Energy
US Drillers Cut Most Rigs in a Week Since Sept. 2021: Baker Hughes
Shale braces for another disappointing year of weaker output gains, rising costs and dwindling reserves in 2023.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks: Baker Hughes
According to Baker Hughes, the U.S. oil and gas rig count rose to 779 in the week ending Dec. 22.
US Drillers Cut Most Oil Rigs Since September: Baker Hughes
According to Baker Hughes, the U.S. oil rig count fell by five to 620, while the gas rig count rose one to 154 during the week ending Dec. 16.
US Oil, Gas Rig Count Falls for First Time in Six Weeks: Baker Hughes
The U.S. oil rig count fell by two to 625, while gas rigs fell two to 153 during the week ending Dec. 9, making it the lowest weekly count since July 2022.
Offshore Rig Market Entering Multi-Year Supercycle
Tightness in supply, staffing constraints and high oil prices all contribute to Esgian’s projected 13% growth in offshore rig demand for 2023.
US Drillers Add Oil, Gas Rigs for Second Consecutive Month: Baker Hughes
U.S. oil rigs rose four to 627 this week, their highest since March 2020, while gas rigs fell two to 155, according to the weekly Baker Hughes rig count report.
US Drillers Add Oil, Gas Rigs for Third Consecutive Week: Baker Hughes
Even though the U.S. rig count increased during most months over the past two years, weekly increases have averaged zero since the start of the pandemic in March 2020, helping keep oil production below record levels seen before the pandemic.
US Drillers Add Oil, Gas Rigs for Second Week in a Row: Baker Hughes
According to Baker Hughes, the U.S. oil rig count rose nine to 622 during the week of Nov. 11, while the gas rig count remained steady at 155.
US Drillers Add Oil, Gas Rigs for Third Week in Four: Baker Hughes
U.S. oil rigs rose to their highest count since March 2020, while gas rigs fell to their lowest count since late July 2022, according to Baker Hughes.
Another 90 Rigs May be Added in US Through 2023, Patterson-UTI Survey Finds
Patterson-UTI plans on adding four rigs to its 132 total count in fourth-quarter 2022.