US Drillers Cut Oil, Gas Rig Count to Lowest Since January 2022

Baker Hughes said the total rig count is down 97 rigs, or 14%, below this time last year.

US Oil, Gas Rig Count Falls to Lowest Since January 2022

The oil and gas rig count, an early indicator of future output, fell by six to 594 in the week to June 7, decreasing for the second time in three weeks. 

Exclusive: Continental Dives Deep Into Anadarko's Complexities

The Anadarko Basin's complexities are not stopping Continental Resources from capitalizing on its resources and eyeing acreage that may possibly be on the market soon following the closing of some big deals, the company's Vice President of the Anadarko Basin Aaron Chang told Hart Energy's Nissa Darbonne at SUPER DUG. 

US Drillers Cut Most Oil, Gas Rigs in a Month Since August

The oil and gas rig count, an early indicator of future output, held steady at 600 in the week to May 31. 

US Drillers Cut Oil, Gas Rigs for Fourth Time in Five Weeks

The oil and gas rig count, an early indicator of future output, fell by four to 600 in the week to May 24 the lowest since January 2022.

US Drillers Add Oil, Gas Rigs for First Time in Four Weeks: Baker Hughes

The oil and gas rig count rose by one to 604 in the week to May 17.

E&P Highlights: May 13, 2024

Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.

US Drillers Cut Oil, Gas Rigs for Third Week in a Row

Baker Hughes said oil rigs fell three to 496 this week, their lowest since November, while gas rigs rose one to 103.

US Oil, Gas Rig Count Falls to Lowest Since January 2022

The oil and gas rig count, an early indicator of future output, fell by eight to 605 in the week to May 3, in the biggest weekly decline since September 2023. 

Repsol to Drop Marcellus Rig in June

Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.