Home / Tag Archives: oil and gas exploration and production

Tag Archives: oil and gas exploration and production

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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Rig count: Colorado up 5, Texas down 1

oil rig, rig count, Baker Hughes

In a small surprise, this week’s Baker Hughes rotary rig count showed a nice gain of rigs exploring for oil and gas in Colorado. Typically, Texas has topped recent weekly increases, but this week the Lone Star State saw its first loss in several weeks. By state, Alaska, New Mexico, North Dakota and Oklahoma also gained one rig each.  Texas was ...

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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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Texas rig count ramp up continues

oil rig, rig count, Baker Hughes

This week’s Baker Hughes North America Rotary Rig Count showed another week of increases in Texas, with an addition of 11 new rigs exploring for oil and gas. The U.S. total rigs is now 870, up 13 from last week. Nine of those rigs are exploring for oil, while 4 are searching for gas. The Gulf of Mexico lost 3 ...

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Rig count continues to creep upward

oil rig, rig count, Baker Hughes

The U.S. rig count continues to creep back up slowly, up ten Feb. 17, 2017, according to the latest Baker Hughes report. The rig count has increased for 5 straight weeks, reaching 751. The U.S. added 6 rigs exploring for oil and 4 exploring for natural gas. The current oil rig count is 597, while gas rigs number 153. One ...

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U.S. rig count declines by 1 to 568

oil rig, rig count, Baker Hughes

Baker Hughes’ latest rig count report shows the number of rigs drilling for oil rose by two this week to 452. Rigs drilling for natural gas was down 2. The total rig count fell by one to 568, still higher than the May low of 404. Total offshore rigs are down 12 from last year at this time. States losing ...

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