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Tag Archives: E&P

Baker Hughes: Rig Count up another 11

oil rig, rig count, Baker Hughes

Breaking another record, the Baker Hughes Rotary Rig Count showed an other increase of 11 new rigs exploring for oil and gas this week. Despite some concern about overproduction, the rig count continues its upward climb, with a total of 927 rigs in the U.S. The total North American count is now 1059. Canada also increased its count by 33. ...

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Permian rig count up, Marcellus down

oil rig, rig count, Baker Hughes

While the gain in the rig count is less than it has been the past few weeks, today’s number still shows an increase of 7 new rigs exploring for oil and gas, according to the latest numbers from Baker Hughes.  It isn’t surprising that the Permian Basin is still the hot spot, with an increase of 7 new rigs for ...

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Dallas Fed: Oil and Gas Activity Rises in Third Quarter

energy, 2016, year in review

Surveys and reports from the Federal Reserve Bank of Dallas are now available for the third quarter. The business activity index – the survey’s broadest measure of conditions facing Eleventh District energy firms – was up from 13.8 in the second quarter to 26.7. While the survey still shows weakness in both industry employment and production, it does show some ...

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Minimizing the risk of bankruptcy with efficient oilfield water management

For many years the industry has discussed the importance of the Energy-Water Nexus. This term highlights the interconnection and critical nature of water in energy production and conversely the requirement of energy for water production. Professionals in the upstream energy sector live and work within this Nexus on a daily basis. Water is both the largest input and output within ...

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