Drill rigs continue

Sliding US rig count outpaces efficiency gains,

The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the

Improved efficiencies expected to continue next year

This shift toward digital solutions has improved drilling and completion techniques and reduced rig downtime, and it provides advanced analytics to help target future operations.

Rig Count Overview & Summary Count | Baker Hughes Rig Count

The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services

Oil Rig Count Falls Again as Frac Crews Vanish

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

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. natural gas-directed rigs decreased for second consecutive

The number of rigs deployed to drill for natural gas in the United States decreased over the last two years. U.S. natural gas-directed rigs decreased 32% (50 rigs) between

Fewer Rigs, Bigger Payoff: US Oil Production

Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing

Drilling plummets under Trump despite ''Drill, Baby, Drill'' promise

A slump in active oil and gas rigs across the United States has undercut President Donald Trump ''s rallying cry to "drill, baby, drill," raising economic and political stakes for his

US drillers cut oil/gas rigs for 7th week to lowest since

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021,

US Oil, Gas Rig Count Inches Up As Drillers Proceed

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

Today in Energy

Crude oil production in the L48 states increased 3% year over year despite fewer active rigs in most major producing regions, demonstrating gains in operational efficiency. Rigs

Baker Hughes U.S. Rig Count More Bleeding, Lost 2

5 days ago· The overall downward trend in the national count is due to a slowdown in oil-focused drilling, although last week''s figures reversed this

Rig counts in Permian Basin, Texas continue to fall, lowest in 41

Counts of active drilling rigs in Texas and Permian Basin from Baker Hughes continue to fall. Both are now at their lowest count in 41 months since December 2021. As of

The number of active U.S. crude oil and natural gas

Producers were operating the fewest oil and natural gas drilling rigs on record in the United States at 339 on May 12, the lowest level in the

Westwood Insight – As dayrates continue north, could

The swift rate of cost inflation forces operators to take stock of their rig provisions and look to keep future drilling projects economical.

US Oil Drillers Back Off As Oil Prices Continue to Hurt

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

U.S. Natural Gas-Directed Rigs Decreased for 2nd Consecutive

The number of rigs deployed to drill for natural gas in the United States decreased over the last two years. U.S. natural gas-directed rigs decreased 32% (50 rigs) between

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.

US Oil Drillers Continue To Back Off As Prices

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

The number of active U.S. crude oil and natural gas rigs is at the

Producers were operating the fewest oil and natural gas drilling rigs on record in the United States at 339 on May 12, the lowest level in the Baker Hughes Company''s rig count

Post-downturn offshore upcycle shows stability

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

How to Drill into a Steel Beam? – Essential Drilling Tips

3 days ago· Imagine needing to mount a heavy shelf, secure a vital piece of equipment, or make a crucial modification to a steel structure. Suddenly, the thought of drilling into that seemingly

Rig count declines continue, drilling for natural gas rises

Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count fell two rigs to 540 rigs, the second consecutive weekly decline and lowest level since October 2021. The U.S. rig...

American Oil Rigs Continue Their Steady Decline

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

Oil Majors Borrow Billions for Buybacks as Production Wanes

These drilling and completion efficiency gains have allowed production to continue growing despite a decline in rig count. StanChart''s views appear to match those of Goldman

US Oil, Gas Rig Count Inches Up As Drillers Proceed With Caution

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig increase in