Saturday, July 26, 2025

International Rig Count at Second-Highest Point Since 2016

978 rigs currently drilling Baker Hughes announced its most recent International Rig Count today, revealing that international activity rose in April. A total of six new rigs came online in April, bringing the international total to 978 rigs. This is the second-highest activity level in two years, surpassed only by the 979 that were operational in February this year. The

Newfield and Continental Tout SCOOP/STACK, Bakken

Newfield’s SCOOP/STACK operations pinned to future growth; Williston Basin infill projects look to deliver $100 million of free cash flow in 2018 Newfield Exploration Company (ticker: NFX) had record net production during Q1 2018, with SCOOP/STACK net production averaging 117,500 BOEPD. Newfield Chairman, President and CEO Lee Boothby said, “The Anadarko Basin is the asset that will fuel our growth