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Permian Operator Matador Resources To Cut Rig Count In Half
2020-03-12 10:10:00| OGI
Matador Resources CEO Joseph Wm. Foran said he also voluntarily agreed to reduce his base salary by 25% as the Permian Basin operator responds to a slump in oil prices.
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US Rig Count Rises Despite Oil Producers Pledging To Reduce Drilling This Year
2020-03-06 19:15:00| OGI
Exxon Mobil, which analysts say is operating the most U.S. rigs, said March 5 that it would cut about 20% of the 58 rigs it was operating in the Permian Basin this year.
Chart: Eastern Rig Count As Of March 6, 2020
2020-03-06 07:00:00| OGI
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
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Chart: Gulf Coast Rig Count As Of March 6, 2020
2020-03-06 07:00:00| OGI
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
US Oil Rig Count Falls Slightly As Producers Cut Spending
2020-02-28 19:31:30| OGI
Drillers cut one oil rig in the week to Feb. 28, bringing down the total count to 678, energy services firm Baker Hughes Co. said in its weekly report.
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