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HomeRig Count

Rig Count

Big Oil Companies

Largest Solar Plant FAILS!

April 15, 2024 Andy Del Prado

Daily Standup Top Stories Wind farms are useless, says Duke of Edinburgh April 14, 2024 Stu Turley In a withering assault on the onshore wind turbine industry, the Duke said the farms were “a disgrace”. He […]

Drilling
Crude Oil News

U.S. Drilling Activity Continues to Drop Off

April 12, 2024 Stu Turley

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling by 3. U.S. drillers saw […]

North America
Crude Oil News

North America Continues Rig Loss Streak

April 1, 2024 Mariel Alumit

North America’s rig count decreased by 21 week on week, according to Baker Hughes’ latest rotary rig count, which was released on March 28. The region’s rig count now stands at 772, comprising 621 rigs […]

oil and gas rigs
Crude Oil News

US drillers add most oil and gas rigs in a week since September – Baker Hughes

March 18, 2024 Mariel Alumit

March 15 (Reuters) – U.S. energy firms this week added the biggest number of oil and natural gas rigs in a week since September, with the oil rig count also rising to its highest in […]

Oil
Crude Oil News

U.S. Oil and Gas Rig Count Rises to Highest Since September- Baker Hughes

March 4, 2024 Mariel Alumit

U.S. energy firms this week added oil and natural gas rigs for a second straight week to their highest since September, energy services firm Baker Hughes said in its closely followed report on Friday. The […]

Oil settles at highest in nearly 8 weeks on strong economic growth
Crude Oil News

Gas-Addicted Europe Trades One Energy Risk for Another – The US is not reliable

January 28, 2024 Stu Turley

Houthi says they targeted oil tanker in Red Sea China presses Iran to rein in Red Sea Houthi attacks U.S. economic data shows faster than expected growth U.S. crude stockpile drawdown also supports HOUSTON, Jan […]

Drillers
Big Oil Companies

U.S. Oil Drillers Still Showing Discipline

October 20, 2023 Mariel Alumit

The total number of active drilling rigs in the United States rose by 2 this week after climbing by 3 last week, according to new data that Baker Hughes published Friday, as drillers continue to […]

Permian
Crude Oil News

Permian loses six rigs as count falls fourth week

March 16, 2023 Mariel Alumit

Weaker commodity prices are undercutting drilling activity, with the US rig count falling for a fourth consecutive week, the first time that has happened since June 2020. Oilfield services company Baker Hughes said Friday its […]

Oil
EnergyNews

U.S. Oil & Gas Rig Count Falls for Second Time in Three Weeks – Baker Hughes

February 20, 2023 Mariel Alumit

​ The oil and gas rig count, an early indicator of future output, fell by one to 760 in the week to Feb. 17. Despite this week’s rig decline, Baker Hughes said the total count […]

Crude Oil News

U.S. rig count outlook cut by Raymond James on low natural gas prices

February 11, 2023 Mariel Alumit

​ Raymond James trims its 2023 U.S. rig count forecast to 750 from 813 on lower natural gas prices; lowers PT of some of the oilfield services companies. U.S. natural gas futures fell by 40% […]

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