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US Oil Drillers Cut Rigs For Fourth Week In A Row

2019-07-26 19:15:47| OGI

Drillers cut three oil rigs in the week to July 26, bringing down the total count to 776, the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil fourth

 

Operating Environment Creating Paralysis Among Permian Drillers

2019-07-23 11:30:00| OGI

Permian production had previously been forecast by the EIA to hit 4.23 MMbbl/d in July, marking an increase of 55,000 bbl/d from June. However, the figure was revised downwards this month, with the agency now projecting that output will reach 4.17 MMbbl/d in July.

Tags: environment operating creating paralysis

 
 

US Oil Drillers Cut Rigs For Third Consecutive Week

2019-07-19 19:11:52| OGI

Drillers cut five oil rigs in the week to July 19, bringing down the total count to 779, the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil consecutive

 

US Oil Drillers Cut Rigs For Second Week In A Row

2019-06-14 19:26:39| OGI

Drillers cut one oil rig in the week to June 14, bringing down the total count to 788, still the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil row

 

US Drillers Cut Oil Rigs For Sixth Straight Month

2019-05-31 20:35:38| OGI

Year-to-date, the total number of oil and gas rigs active in the U.S. has averaged 1,025. Most rigs produce both oil and gas.

Tags: month cut oil straight

 

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