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Campos Basin Oil Rigs Decommissioning Carries $12 Billion Price Tag

2019-08-26 22:04:33| OGI

All 21 old rigs that will be decommissioned are operated by state-controlled oil company Petrobras, development secretary Lucas Tristo told Reuters.

Tags: price tag oil billion

 

US Drillers Add Oil Rigs For First Week Since June

2019-08-16 19:24:25| OGI

Companies added six oil rigs in the week to Aug. 16, the biggest increase since April, bringing the total count to 770, Baker Hughes, a GE company, said in its weekly report.

Tags: add since june week

 
 

US Oil Drillers Cut Rigs For Sixth Week In A Row

2019-08-09 19:16:41| OGI

Drillers cut six oil rigs in the week to Aug. 9, bringing down the total count to 764, the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil row

 

Continental Resources To Drop Seven Rigs In Oklahoma Citing Efficiency Gains

2019-08-06 20:20:16| OGI

The number of active U.S. rigs has fallen by 102 to 942 in the past year, according to Baker Hughes, a GE company. But shale production in July hit 8.52 million barrels per day, a year-over-year increase of about 16%, according to government data.

Tags: resources drop efficiency oklahoma

 

US Oil Drillers Cut Rigs For Fifth Consecutive Week

2019-08-02 19:21:08| OGI

Drillers cut six oil rigs in the week to Aug. 2, bringing down the total count to 770, the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil consecutive

 

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