Oil rig counts in the US were up by 34 for the week, the largest weekly jump in oil rig counts since oil and gas counts were first tracked separately in 1987. However natural gas rigs declined by 27, the largest weekly drop since April 2009. Still the overall US rig count rose to the [...]
Continue reading...4 February 2011
The natural gas rig count dropped by 2 during the last week, for a total of 911 rigs. Although this is the first drop in 3 weeks, the count hit an 11-month low of 902 as recently as 3 weeks ago on January 14. Here is a summary of the changes over time to keep the [...]
Continue reading...21 June 2010
Baker Hughes: US Oil, Gas Rig Count Up 12 To 1,539 This Week. Even with the GOM shut down, oil rig counts rise while NG rigs drop just 1. The GOM shutdown is deepwater rigs affecting 30+ rigs or so. Big news for the area and you will hear a lot about it on the [...]
Continue reading...7 June 2010
GoM Ban Pulls Down U.S. Rig Count – Zacks.com. The impact of the Gulf of Mexico deep water drilling ban is being felt in the rig count as oil rigs in the Gulf dropped from 27 to 9 and gas rigs dropped from 19 to 14. Overall the total US rig count declined by 29 [...]
Continue reading...24 May 2010
Baker Hughes: US Oil, Gas Rig Count Up 12 To 1,518 This Week. Gas rig count was up 18, oil rigs down 6. Unless people stop drilling, natural gas prices are not going up. The number of oil and gas rigs climbed to 1,518, up 12 rigs from the previous week, according to data from [...]
Continue reading...10 May 2010
US rig count increases by 9 to 1,492 – Yahoo! News. Oil rigs continue to increase and gas rigs decrease as the price difference between oil and gas continues to widen. HOUSTON – The number of rigs actively exploring for oil and natural gas in the U.S. increased by nine this week to 1,492. Houston-based Baker Hughes [...]
Continue reading...7 May 2010
Baker Hughes CEO:Moved Equipment Off Rigs Because Of Gulf Spill. This does not make clear why they pulled equipment off the rigs, it is safety issues with the oil in the water or is the equipment needed at the blow out? If safety concerns with all the oil in the water is shutting down production in the [...]
Continue reading...26 April 2010
Baker Hughes: US Oil, Gas Rig Count Falls By 9 To 1,482 This Week. The rig count this week confirmed the shift from natural gas to oil as oil prices stay high and natural gas prices remain low. Oil rigs increase 8 while gas rigs dropped by 17. This was the first decline in the [...]
Continue reading...23 April 2010
Nickle’s Rig Locator | JuneWarren-Nickle’s Energy Group. Nickle’s Rig Locator provides a good summary of current rig activity in Canada Tweet
Continue reading...21 April 2010
Baker Hughes: US Oil, Gas Rig Count Up 11 To 1,476 This Week. Natural gas rigs up 10, oil rigs up 3 and miscellaneous rigs down 2. I get the oil rigs increasing but natural gas prices are down 29% YTD while rig counts continue to increase. I believe this is driven by people having [...]
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6 November 2011
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