Rig count dips in Oklahoma, Gulf of Mexico
The nation's tally of rigs drilling for oil and gas dipped by four from last week with rigs being removed from Oklahoma and the Gulf of Mexico.
The nation's tally of rigs drilling for oil and gas dipped by four from last week with rigs being removed from Oklahoma and the Gulf of Mexico.
Drillers pulled 25 oil and gas rigs out of service this week, the biggest drop since February 2016, the bottom of the last oil bust.
The US added three active oil and gas rigs last week, even though U.S. oil prices have slid to about $45 per barrel.
The New Mexico portion of the Permian Basin led a dip in the nation's tally of active drilling rigs this week with oil prices having plunged by nearly one-third since early October.
Texas lost two drilling rigs over the last week, both in the high-producing Permian Basin oil field of West Texas.
The number of rigs drilling for oil and gas in the U.S. fell by two last week, but continued growth in Texas kept a much larger dip from occurring.
The number of drilling rigs in the U.S. increased by four while Texas stayed flat.
The U.S. rig count grew by 13 in the last week, driven by gains in West Texas' Permian Basin and Louisiana.
West Texas' Permian Basin led another increase in the number of rigs actively drilling in the U.S.
Rig counts in the U.S. rose by five last week, the Houston energy services company Baker Hughes reported.
The number of rigs drilling for oil and gas in the U.S. dipped by five this week, continuing a slow decline for most of June.
Oil and gas companies pulled seven drilling rigs out of operation this week, the Houston energy services company Baker Hughes reported.
The number of operating drilling rigs in the United States fell by three this week, driven by a decline in natural gas rigs, the Houston oilfield services company Baker Hughes reported.
Drilling activity increased slightly in the Permian Basin this week while the overall U.S. rig count remained steady.
Drilling activity picked up slightly this week in South Texas' Eagle Ford Shale and in Oklahoma while the nation's overall rig count stayed relatively flat.
US drillers planted an additional 15 oil rigs across the country this week, Baker Hughes said on Friday, reporting a data point that could pile on to the market carnage that sent oil prices down almost $3 a barrel.
The booming Permian Basin in West Texas and New Mexico continued to add active drilling rigs this week, but that growth was largely offset by small declines in other parts of the country.
West Texas' booming Permian Basin led another spike in the number of rigs drilling for oil and gas nationwide.
The active number of drilling rigs continues to grow thanks to increasing activity in Texas and the Gulf of Mexico.
The number of active drilling rigs dipped slightly this week as a large decline in oil rigs was mostly offset by an increase in rigs seeking natural gas.
Oil-drilling activity ticked up across much of the country this week with multiple rigs added in Texas, Oklahoma and North Dakota.
The number of working offshore and onshore oil rigs has increased across the world, while the total number in the US has fallen.
Oil and gas companies added six rigs over the past week to drilling fields across the United States, Baker Hughes reported.
Oil declined as rigs targeting crude in the U.S. rose for a fifteenth week and output from Libya rebounded.
The number of rigs operating in the US went up this week, the latest Baker Hughes rig count shows.