Post Tagged with: "Drilling activity"

Source: Houston Chronicle

Permian drilling must pick up just to maintain current production: Report

Houston Chronicle


Drilling activity in the booming Permian Basin must accelerate just in order to maintain current production volumes, according to a new report from the research firm IHS Markit.

The Permian’s oil output has risen rapidly in recent years …

December 12, 2019 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Oil Prices Up Despite Increased Drilling Activity in the U.S.

Oil Prices Up Despite Increased Drilling Activity in the U.S.

Drilling activity up: the U.S. adds ten more rigs this week – more rigs drilling in the Barnett today than a year ago

The rig count in the U.S. continued to climb for a third-straight week this week, according to …