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U.S. Oil and Natural Gas Drilling Rig Count at Record Low
2016-03-12 17:26:37| Energy - Topix.net
The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940, oil services company Baker Hughes Inc said on Friday, as energy firms continued to slash activity amid the deepest energy price rout in a generation. Combined rigs in the U.S. oil and gas fields fell by nine this week to 480, overwriting a previous record low of 488 in April 1999, according to the closely-followed industry data.
Tags: low
record
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U.S. Oil and Natural Gas Drilling Rig Count at Record Low
2016-03-12 07:04:39| Oil & Gas - Topix.net
The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940, oil services company Baker Hughes Inc said on Friday, as energy firms continued to slash activity amid the deepest energy price rout in a generation. Combined rigs in the U.S. oil and gas fields fell by nine this week to 480, overwriting a previous record low of 488 in April 1999, according to the closely-followed industry data.
Tags: low
record
natural
count
U.S. rig count drops to all-time low of 480
2016-03-11 22:44:34| Oil & Gas - Topix.net
The number of rigs exploring for oil and natural gas in the U.S. dropped by nine this week to 480, a record low and another sign of continuing price woes in the oil and gas industry. Houston-based oilfield services company Baker Hughes Inc. said Friday that 386 rigs sought oil and 94 explored for natural gas.
Statoil to terminate rig contracts with COSL Offshore
2016-03-07 01:00:00| Offshore Technology
Statoil has opted to terminate long-term charter agreements for a pair of rigs with COSL Offshore Management, including the semisubmersible COSL Innovator.
Tags: contracts
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rig
US rig count drops 13 this week to 489; Texas down 4
2016-03-05 00:39:39| Oil & Gas - Topix.net
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 13 this week to 489, a near record low. The Houston company said Friday that 392 rigs sought oil and 97 explored for natural gas amid depressed energy prices.
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