Increased drilling rig activity

North American weekly rig count rises on Canadian oil, gas drilling

1 day ago· North American drilling activity increased to a total of 718 rotary rigs working for the week ended Sept. 5. An increase in rigs in Canada led the uptick.

Report: ''Big 3 offshore drillers'' reporting increasing day rates

By Bruce Beaubouef, Managing Editor The "Big 3" offshore drillers – listed as Transocean, Noble Corp., and Valaris by Evercore ISI – are all reporting "strong offshore

Oklahoma oil plays see increased drilling compared to

Only two oil plays in the U.S. saw increased drilling activity in the past week and both were in Oklahoma. The latest Baker Hughes rig count,

U.S. Oil Companies Have Increased Drilling By 60

A three-year look at drilling activity shows the dramatic impact of the pandemic, as well as the steady recovery since the rig count began to

Baker Hughes Reports Uptick in U.S. Rig Count

The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil rig counts and

Weekly Rig Count Update: U.S. Gains, Canada Declines

The latest rig count update reveals modest shifts in North American drilling activity. As of this week, the U.S. saw a slight increase,

Permian Basin sees increased drilling activity

The Cana Woodford count grew by 2 to reach 20. The D-J Basin in Colorado and southern Wyoming stayed at 8 rigs. The Granite Wash was unchanged with 4 rigs and the

Rig Count Overview & Summary Count | Baker Hughes Rig Count

Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and

The effect of oil and gas price and price volatility on rig activity in

Such large increases in rig productivity coupled with stable costs of drilling a well reduced the cost of extracting a barrel, which increased the economic incentives for drilling

U.S. Drilling Activity Still Unmoved Amid Market Uncertainty

The total number of active drilling rigs for oil and gas in the United States saw no change again this week, according to new data that Baker Hughes published on Friday, after

US drilling activity rises, led by Permian Basin surge

Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count rose six rigs to 582 rigs, the first increase in eight weeks.

Analysts maintain optimistic outlook for onshore

The outlook for global onshore rig demand is improving with elevated commodity prices spurring increased drilling activity in many regions.

Active rig counts tick higher in US and Canada

The number of active drill rigs operating in the US and Canada increased this week, according to Baker Hughes. Although up, the US count remains near a multi-year low,

US Oil Drillers See Sharp Decline in Activity

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes

North American weekly rig count rises on Canadian oil, gas

1 day ago· North American drilling activity increased to a total of 718 rotary rigs working for the week ended Sept. 5. An increase in rigs in Canada led the uptick.

Onshore drilling to stay flat in 2024, but rosier outlook

US active onshore rig count declined over the course of 2023 as a warmer-than-expected winter led to lower natural gas prices and a reduced

Analysts maintain optimistic outlook for onshore drilling market,

The outlook for global onshore rig demand is improving with elevated commodity prices spurring increased drilling activity in many regions. Westwood Global Energy Group

Post-downturn offshore upcycle shows stability

2024 Features Global and Regional Markets November/December The Offshore Frontier Post-downturn offshore upcycle shows stability heading

Canadian Oil and Gas Drilling Activity to Reach 10

CALGARY — An industry organization predicts 2025 will see the highest amount of oil and natural gas well drilling activity in Canada in a

US drilling activity rises for first time in eight weeks

Drilling activity broke out of its trend of sitting unchanged or inching lower, posting an increase for the first time in eight weeks.

Increased drilling in Oklahoma''s Granite Wash

Oklahoma''s Granite Wash oil and gas play was one of two plays in the U.S. last week that recorded an increase in drilling activity. According to

U.S. Oil Rigs Increase Amid Mixed Drilling Activity

The U.S. rig count sees a slight uptick this week, thanks to an increase in oil rigs. A year-over-year comparison shows a decline in the total number of active rigs. Natural gas rigs have

U.S. Rig Count Climbs as Oklahoma Leads the

The latest Baker Hughes rig count shows a significant boost in U.S. drilling activity, with Oklahoma adding five rigs, marking its highest count

More natural gas rigs are now operating in the United

Most of the growth in natural gas-directed rigs in the United States has been in the Haynesville region, which spans Texas and Louisiana. The rig

US Drillers Add Oil, Gas Rigs for First Time in Seven Weeks

2 days ago· The oil and gas rig count rose by one to 537 in the week to Sept. 5. Despite this week''s rig increase, Baker Hughes said the total count was still down 45 rigs, or 7.7%, below

U.S. Rig Count Rises for the First Time in Eight Weeks – Baker

February 3, 2025 U.S. energy firms added oil and natural gas rigs for the first time in eight weeks, signaling a potential shift in drilling activity, according to the latest Baker Hughes report. The

Very few changes in drilling activity of oil/gas plays

The one oil play across the US with a gain in drilling activity in the past week was the Williston Basin, according to the most recent rig report from Baker Hughes Co. Located

Two Oklahoma oil plays saw increased rig activity

Only two oil plays across the U.S. recorded increased drilling activity in the past week and both are in Oklahoma. The Ardmore Woodford jumped from 3 to 6 drilling rigs,

More productive wells spur U.S. crude oil production higher

U.S. crude oil production averaged 13.3 million barrels per day (b/d) in December 2023, following sustained productivity increases at new wells, according to our latest

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6 FAQs about [Increased drilling rig activity]

Do rigs drill oil wells?

Rigs drill oil wells, and an increased number of active drilling rigs indicates that U.S. producers are drilling more wells, which generally results in growing oil production. Our latest STEO shows the active rig count decreased year over year in 2024 through November in all L48 primary crude oil producing regions except the Bakken.

How many rigs are drilling for natural gas?

The number of rigs drilling for natural gas fell two rigs to 81 rigs for the week and is down 54 rigs or 40% below the 135 seen a year earlier. Among the top 10 most active publicly traded producers, ExxonMobil remained atop the list with 36 rigs, up one for the week.

How many rigs are there in the US?

Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count rose six rigs to 582 rigs, the first increase in eight weeks. Still, the count is 37 rigs or 6% below 619 rigs active nationwide a year ago. For the month, Baker Hughes said the rig count was down seven rigs, the biggest monthly decline since June.

How many oil and gas rigs are there in 2025?

March 3, 2025 The U.S. oil and gas rig count increased for the fifth straight week, rising by one to 593, according to the latest Baker Hughes report. Despite this steady growth, the total rig count remains 36 rigs lower than the same period last year, reflecting the ongoing industry trend of capital discipline and efficiency over expansion.

How many oil rigs are there in a month?

For the month, Baker Hughes said the rig count was down seven rigs, the biggest monthly decline since June. The number of rigs seeking crude oil jumped seven rigs to 479, the biggest weekly increase since February 2023, but 40 rigs or 4% below the 499 reported last year and down four rigs for the month.

How many rigs did Permian drill in a week?

Jumped four rigs to 106 rigs for the week. That’s down 14 rigs or 11% from 120 a year ago. Looking at trailing 30-day drilling permits, Enverus said the Permian had 610 permits as of the week ended Jan. 10, down sharply from 669 the previous week and down from 703 the previous January.

Increased drilling rig activity

6 FAQs about [Increased drilling rig activity]

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