Drilling activity was flat this week as rigs shuffled around the country, according to the latest edition of Baker Hughes’ rig count. The total number of rigs operating in the country was unchanged this week, meaning there are 1,075 rigs active in the U.S. Two land-based rigs came online in the week, while inland waters and offshore saw rig counts
28 offshore rigs come online, 23% of activity International drilling activity rose sharply in December, reaching levels not seen since the beginning of 2016, according to Baker Hughes. A net 34 rigs began drilling internationally last month, meaning there are 1,025 active rigs. This is the largest international rig count since January 2016, when activity was still falling in the
Eight rigs shut down, all targeting oil Drilling activity declined this week, countering two weeks of expansion according to Baker Hughes’ Weekly Rig Count. A net eight rigs shut down this week, leaving 1,075 rigs active. This is even with the activity level seen in early December, and is just below the post-downturn high of 1,083. Six land-based rigs shut
Horizontal activity highest since February 2015 Drilling activity rose once again in the U.S. this week, extending the increase seen last week according to Baker Hughes Rig Count. A net three rigs began drilling in the week, all land-based. These three rigs mean there are a total of 1,056 land, 24 offshore and three inland waters rigs active in the
Drilling activity rose in the U.S. this week, reversing the last four weeks of decline according to the latest edition of Baker Hughes’ Rig Count. A net nine rigs came online in the week, meaning there are 1,080 rigs active in the country. This is only slightly below the post-downturn high of 1,082 rigs seen in mid-November and counteracts almost
Permian efficiency wins help boost EERC EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose sharply in November, extending the increase seen last month. The EERC is now at 2,907, an increase of 95 compared to the October count. While the
Most major basins see rig count fall Oil and gas activity declined once again last week, marking the fourth straight drop according to Baker Hughes’ Weekly Rig Count. The overall rig count declined by four this week, meaning there are now 1,071 rigs active in the U.S. Five land-based rigs shut down, while one inland waters rig came online. There
Gas activity up sharply, active oil rigs record largest fall since May 2016 Drilling activity declined this week, continuing the drop from last week according to the latest edition of Baker Hughes’ Rig Count. A net one rig shut down in the week, meaning there are 1,075 rigs active in the country. The only shift among location type was one
Louisiana rig count falls by four Drilling activity declined in the U.S. this week, extending the drop seen last week, according to the Baker Hughes Weekly Rig Count. A net three rigs shut down this week, meaning there are 1,076 drilling rigs currently active in the country. One land-based rig came offline, while two offshore rigs shut down. This leaves
Texas adds three in sedate week Rig counts increased slightly this week, reinforcing the major increase seen last week, according to Baker Hughes Weekly Rig Count. A net one rig began operations this week, meaning there are 1,082 rigs active in the U.S. One land and one offshore rig began operations, while one inland waters rig shut down. There are
Effective Rig Count up on reported rig counts EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose in October, reversing the past month’s decline. The Effective Rig Count is currently 2,780, up 14 from last month. This increase was entirely due
Activity breaks out of five-month equilibrium Drilling activity increased sharply this week, reaching another post-downturn high, according to the latest edition of Baker Hughes’ Weekly Rig Count. A net 14 rigs began drilling this week, meaning there are now 1,081 rigs active in the U.S. This represents a decisive break from the past five months, when rig counts hovered around
