Jennifer
Pallanich
Hart Energy
US Drillers Cut Oil and Gas Rigs for 10th Time in 11 Weeks: Baker Hughes
U.S. oil rigs fell to 537 this week, while gas rigs dropped to 133.
E&P Highlights: July 10, 2023
Here’s a roundup of the latest E&P headlines including progress redeveloping the Tyra Field and new contract awards in the upstream oil and gas industry.
US Drillers Add Oil and Gas Rigs for First Time in 10 Weeks: Baker Hughes
Oil rigs in the U.S. fell by 5 to 540, while gas rigs rose by 11, landing at 135, which is the highest since early June.
US Drillers Cut Oil and Gas Rigs for Ninth Week in a Row: Baker Hughes
Oil rigs in the U.S. fell by 1 to 545, while gas rigs dropped by 6 to 124.
US Drillers Cut Oil and Gas Rigs for Eighth Week in a Row: Baker Hughes
The oil and gas rig count fell for the eighth week in a row to 682.
US Drillers Cut Oil and Gas Rigs for Seventh Week in a Row: Baker Hughes
The oil and gas rig count fell by 8 to 687, the lowest it's been since April 2022.
US Drillers Cut Oil and Gas Rigs for Sixth Week in a Row: Baker Hughes
The oil and gas rig count fell by one to 695.
US Oil Rig Count Falls by Most Since September 2021: Baker Hughes
The oil and gas rig count fell, for the fifth week in a row, to 696.
US Oil & Gas Rigs Fall in May By Most in a Month Since 2020
The U.S. oil and gas rig count fell by 44 this month, in the biggest drop in three years.
What's Affecting Oil Prices This Week? (May 22, 2023)
Oil prices increased thanks to a number of factors, including the U.S. debt limit, increased inventories of commercial crude and decreased inventories in the Strategic Petroleum Reserve.