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Tag: oil rigs
US Drillers Add Oil, Gas Rigs for 11th Week
2020-12-04 19:16:49| OGI
U.S. energy firms this week added oil and natural gas rigs for the 11th time in 12 weeks as producers return to the wellpad even as most are cutting spending this year and next.
US Drillers Add Oil, Gas Rigs for Fourth Month
2020-11-25 19:31:00| OGI
U.S. energy firms added oil and natural gas rigs this week, boosting the oil count for the fourth month in a row as producers return to the wellpad with crude prices mostly trading over $40 a barrel since mid June.
US Drillers Add Gas Rigs, Oil Rig Count Falls
2020-11-20 19:23:36| OGI
U.S. oil rigs fell five to 231 this week, while gas rigs gained three to 76, their highest since July, according to Baker Hughes data.
US Drillers Add Oil, Gas Rigs for Third Month in a Row
2020-10-30 18:21:22| OGI
U.S. energy firms this week added oil and natural gas rigs for a seventh week in a row for the first time since June 2018, and for a third consecutive month, even as oil majors cut spending due to the COVID-19 pandemic's impact on energy demand and prices.
US Oil Drillers Add Rigs, Still Down for Seventh Quarter
2020-09-25 19:45:00| OGI
The oil and gas rig count, an early indicator of future output, rose six to 261 in the week to Sep. 25, energy services firm Baker Hughes said in its closely followed report.
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