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Analyst: More Rigs Needed to Avoid Appalachian Gas Production Declines

2020-09-25 00:00:00| OGI

With Appalachia producers in maintenance mode, analysts described Permian Basin associated gas production as resilient.

Tags: needed production gas avoid

 

US Drillers Cut Oil, Gas Rigs to Historic Low

2020-05-08 19:33:56| OGI

The rig count, an early indicator of future output, fell by 34 to a record low of 374 in the week to May 8, according to data from energy services firm Baker Hughes Co. going back to 1940.

Tags: low cut gas oil

 
 

US Drillers Cut Oil Rigs for Seventh Consecutive Week

2020-05-01 19:25:45| OGI

Drillers cut 53 oil rigs in the week to May 1, bringing down the total count to 325, the lowest since June 2016, energy services firm Baker Hughes Co. said in its weekly report.

Tags: week cut oil consecutive

 

US Drillers Add Oil Rigs For Second Consecutive Week

2020-02-14 19:51:51| OGI

Companies added two oil rigs in the week to Feb. 14, bringing the total count to 678, energy services firm Baker Hughes Co. said in its weekly report. 

Tags: add week oil consecutive

 

Drilling Innovations: Hardware Evolution Moving Rigs Toward Automation Revelation

2020-02-03 13:00:00| OGI

Coupled with software enhancements and machine learning, manned rigs of today are morphing into autonomous units of tomorrow.

Tags: hardware moving evolution automation

 

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