Post Tagged with: "Baker Hughes rig count"

Source: Houston Chronicle

Rig count holds flat as oil prices rise

Houston Chronicle

The nation’s tally of active drilling rigs held flat this week as rising U.S. crude oil prices flirted with the $60 per barrel threshold, according to the weekly count from the Houston oilfield services firm Baker Hughes.

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December 13, 2019 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

U.S. oil drillers cut rigs for seventh consecutive week: Baker Hughes

U.S. energy firms reduced the number of oil rigs operating for a seventh week in a row as year-long declines in the rig count have only curbed growth of record U.S. production, prompting OPEC to deepen cuts in an effort …

December 6, 2019 - 12:21 pm Closing Bell Story‎, Energy News
U.S. oil drillers cut rigs for fifth week in a row: Baker Hughes

U.S. oil drillers cut rigs for fifth week in a row: Baker Hughes

Reuters


U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row and the rig count has dropped 24% year-on-year as producers cut spending on new drilling.

Drillers cut three oil rigs …

November 22, 2019 - 12:55 pm Closing Bell Story‎, Energy News, Oil and Gas 360 Articles
Source: Baker Hughes

U.S. Adds One Rig for a Total Rig Count of 984

By OAG 360 Staff

Baker Hughes has released its weekly rig count, and things stayed basically flat with a net addition of one offshore rig in the U.S. Gulf of Mexico.  Canada’s operating rig count grew by seven this week.

Rigs Move to The Bakken

Rigs Move to The Bakken

Two rigs active in Montana for first time this year
Drilling activity in the U.S. rose for the third week in a row, according to the latest edition of Baker Hughes’ Weekly Rig Count.

The overall U.S. rig count increased

Brent Returns to $60 with Highest Close Since 2015 – Rigs Fall Again

Brent Returns to $60 with Highest Close Since 2015 – Rigs Fall Again

Four rigs go offline

Oil and gas industry signals were mixed this week, as the rig count and natural gas prices dropped, but oil prices rose.

U.S. drilling activity declined this week, with four land-based rigs shutting down. There are …

EnerCom Effective Rig Count Equates to 1,109 Rigs in the Permian

EnerCom Effective Rig Count Equates to 1,109 Rigs in the Permian

U.S. added the most land rigs since April 2015

The U.S. rig count has finally exceeded 900 rigs, according to Baker Hughes’ (ticker: BHI) most recent weekly rig count.

American land rigs added 14 for a total of 878 rigs …