Chris
Mathews
Hart Energy
The Secret to Record US Oil Output? Drilling Efficiencies—EIA
Advances in horizontal drilling and fracking technologies are yielding more efficient oil wells in the U.S. even as the rig count plummets, the Energy Information Administration reported.
Turning Down the Volumes: EQT Latest E&P to Retreat from Painful NatGas Prices
Despite moves by EQT, Chesapeake and other gassy E&Ps, natural gas prices will likely remain in a funk for at least the next quarter, analysts said.
US Oil, Gas Rig Count Rises to Highest Since September: Baker Hughes
The U.S. oil and natural gas rig count is at its highest since September 2023.
US Drillers Add Most Oil Rigs in a Week Since November
The oil and gas rig count rose by five to 626 in the week to Feb. 23
After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off
As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.
US Drillers Cut Oil, Gas Rigs for Second Time in Three Weeks
Baker Hughes said U.S. oil rigs fell two to 497 this week, while gas rigs were unchanged at 121.
Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs
The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston.
US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
Despite this week's rig increase, Baker Hughes said the total count was still down 138 rigs, or 18%, below this time last year.
Chevron Hunts Upside for Oil Recovery, D&C Savings with Permian Pilots
New techniques and technologies being piloted by Chevron in the Permian Basin are improving drilling and completed cycle times. Executives at the California-based major hope to eventually improve overall resource recovery from its shale portfolio.
US Drillers Cut Oil, Gas Rigs for First Time in Three Weeks
Baker Hughes said U.S. oil rigs held steady at 499 this week, while gas rigs fell by two to 117.