Post Tagged with: "Rigs"

A rig site in North Dakota

U.S. Oil Production Sees First Year-Over-Year Decline in Four Years

Oil production in December 2015 down 166 MBOPD from a year earlier

The decline in crude oil prices took longer to pull production down than many expected, but it is happening, according to data from the EIA. Crude oil …

Rig Count Down 39% Past Six Months

Rig Count Down 39% Past Six Months

U.S. rig count falls to 541

The U.S. rig count continued to fall in the week ended February 12, 2016, according to the latest information from Baker Hughes (ticker: BHI, BakerHughes.com). In the last six months, the total number …

Rig Count Falls 8% From Last Week

Rig Count Falls 8% From Last Week

Oil rigs lead in the decline of the U.S. rig count

The U.S. rig count continues to plummet as the price of oil remains in the low $30 range. The rig count took its biggest hit in the last year …

Oil Rig Count Falls Below 500

Oil Rig Count Falls Below 500

Rig count sheds 3% of total

The U.S. rig count continued its trend downward in the week ended January 29, according to information from Baker Hughes (ticker: BHI, BakerHughes.com). The U.S. total rig count landed at 619, down 18 …

Rigs Dip Below 650 While Oil Enjoys a 5-Day V-Shaped Recovery

Rigs Dip Below 650 While Oil Enjoys a 5-Day V-Shaped Recovery

U.S. rig counts continue their downward trend

The U.S. rig count has either decreased or remained unchanged for 22 consecutive weeks now. According to information released from Baker Hughes (ticker: BHI) the U.S. rig count fell by 13 in the …

U.S. Rig Count Falls to 700

U.S. Rig Count Falls to 700

Large drop in gas rigs:  rigs drilling for natural gas is 53% lower than gas rig count at the end of 2014

The total number of rigs drilling for oil and gas in the United States hit 700 in the …

Source: WPX

Rig Count Sees Largest Drop in Percentage Terms Since April

Oil prices and rig counts decline 4% following OPEC meeting

The total rig count for the United States in the week ended December 11, 2015, was down 4% from the previous week, the largest drop by percentage since the week …

Colorado Wattenberg Field: Preparing a horizontal drilling rig - Oil & Gas 360

Rig Counts Down 34 in the Month of November

Oil rig count continues to lead decline, shedding 10 this week alone

The total number of rigs drilling in the United States declined every week through the month of November, according to information released by Baker Hughes (ticker: BHI). The …

Oil Rigs Take Another Dip

Oil Rigs Take Another Dip

Total rig count falls to 757 as oil rigs resume trend downward

The United States total rig count fell again this week, continuing a trend started last year when OPEC announced it would not defend oil prices. The total rig …

Oil Rigs Break 10-Week Decline

Oil Rigs Break 10-Week Decline

Overall rig count down again due to fewer rigs seeking gas

Baker Hughes (ticker: BHI) released its weekly rig counts, indicating that the number of rigs drilling for oil in the United States increased for the first time in …

A rig site in North Dakota

Oil Rig Count Falls for Tenth Straight Week

Total rig count follows similar trend as oil rigs

The number of rigs drilling for oil in the United States declined again, continuing the trend for a tenth straight week. According to Baker Hughes (ticker: BHI) the number of rigs …

Rig Count Falls to 775

Rig Count Falls to 775

U.S. rig count takes another dip

The U.S. rig count fell again this week after a week of no changes to the total count. According to Baker Hughes (ticker: BHI) the total number of rigs drilling in the United States …

Rig Count Holds Steady for the First Time in Two Months

Rig Count Holds Steady for the First Time in Two Months

Oil and gas rig counts hold total in balance

The total rig count for active U.S. rigs held steady at 787 after 8 consecutive weeks of falling. The last time the U.S. rig count remained the same week-over-week was the …

Oil Rigs Down 63% from a Year Ago

Oil Rigs Down 63% from a Year Ago

The U.S. continues to lay down rigs drilling for oil

The number of rigs active in the U.S. continued to drop this week as markets continue to balance the oversupply in global oil output. The total number of rigs drilling …

A rig site in North Dakota

Oil Rigs Continue Six-Week Slide

Rig count hits five-year low

The U.S. rig count continued to slide further even as WTI prices staged a comeback, climbing near $50 per barrel. The total rig count in the U.S. fell 14 rigs this week to 795 total …

Oil Rig Count Reaches Five-Year Low

Oil Rig Count Reaches Five-Year Low

Total rig count continues decline for fifth consecutive week

The current price environment has continued to put downward pressure on the number of active rigs operating in the United States. For the fifth consecutive week, Baker Hughes (ticker: BHI) reported

Oil Rigs Bring Down Count

Oil Rigs Bring Down Count

Total rig count continued to decline for the fourth straight week

The U.S. total rig count continued its decline this week, according to the information released by Baker Hughes (ticker: BHI) today. The rig count stood at 842, down 6 …

Rig Count Continues Falling to 848

Rig Count Continues Falling to 848

Rig counts reach lowest point since January 2003

The total number of rigs operating in the United States continued to fall for the third consecutive week, shedding the most rigs in terms of percentage of total rigs since May 1, …

Rig Count Falls by 8 Over the Course of the Week

Rig Count Falls by 8 Over the Course of the Week

Rig counts remain low along with prices

The total rig count in the United States for the week ended August 28, 2015, fell eight rigs to 877, according to information from Baker Hughes (ticker: BHI). Rig counts have remained in …

Rig Count Remains Stable, Raymond James Anticipates Stronger Growth

Rig Count Remains Stable, Raymond James Anticipates Stronger Growth

Baker Hughes rig count for the week ended August 21, 2015

Baker Hughes (ticker: BHI) reported an increase of just one rig to the total number of rigs drilling for oil and natural gas in the United States for the …

Rigs Hold Steady

Rigs Hold Steady

Gains in oil rigs balance out reduced gas rigs

The total number of rigs drilling for oil and gas in the United States remained unchanged in the week ended August 18, 2015, according to information from Baker Hughes (ticker: BHI). …

Oil Prices Fall Below $44 as Rigs Continue Climb

Oil Prices Fall Below $44 as Rigs Continue Climb

Oil rig counts climb for third straight week

The total number of rigs actively drilling in the United States rose by ten this week, reaching 884, according to the latest rig count from Baker Hughes (ticker: BHI). The number of …

Oil Rigs Climb, Oil Prices Dip, Production Already Rolled Over

Oil Rigs Climb, Oil Prices Dip, Production Already Rolled Over

Rig count for the week ended July 31, 2015

The total number of rigs actively drilling for oil or natural gas in the United States declined this week to 874, down two from last week. The number of rigs drilling …

Rig Count Makes Biggest Gains Yet in 2015

Rig Count Makes Biggest Gains Yet in 2015

Overall rig counts up 2% on additions in the oil patch

Overall rig counts reached a nearly two-month high this week, with Baker Hughes (ticker: BHI) reporting 876 rigs active in the United States for the week ended July 24, …

Eagle Ford Rigs Fall Below 100, Canada Continues Gains

Eagle Ford Rigs Fall Below 100, Canada Continues Gains

The Eagle Fords rig count fell below 100

The number of rigs drilling in the Eagle Ford fell below 100 for the first time since at least February 2011, according to information from Baker Hughes (ticker: BHI). The Eagle Ford …

Total Rig Count Breaks 28-Week Long Decline

Total Rig Count Breaks 28-Week Long Decline

Oil rig counts down for 29th consecutive week

The total number of rigs drilling for oil and gas in the United States rose for the first time in 28 weeks, according to the Baker Hughes (ticker: BHI) rig count

U.S. Energy Production is #1 –  Will Technology Keep it There?

U.S. Energy Production is #1 – Will Technology Keep it There?

42 years after the Arab oil embargo knocked the U.S. for a loop, energy experts are cheering the fact that the U.S. is the world’s number one producer—but Harvard University’s business school sees “a real risk that American citizens, companies,

A rig site in North Dakota

Rigs Down over 1,000 in Six Months

Baker Hughes rig count for the week ended May 12, 2015: 859

The total number of active rigs drilling in the United States fell to 859 for the week ended June 12, 2015, according to Baker Hughes (ticker: BHI). …

U.S. Rigs Fall by Just 3 This Week

U.S. Rigs Fall by Just 3 This Week

Baker Hughes rig count for the week ended May 22, 2015

Rig counts fell for the 24th consecutive week this week, but showed the smallest decline since the drop in rig counts began in October of last year. The total …

Rig Count Continues to Fall

Rig Count Continues to Fall

Baker Hughes reports the United States rig count declined by another 22 rigs in its latest report on April 24, 2015. There are currently 932 rigs running in the United States – the lowest amount since October 2010. The state …

April 24, 2015 - 6:40 pm Oil and Gas 360 Articles