by paperboy | Sep 7, 2023 | Today in Energy
Baker Hughes said Friday the U.S. count of active drilling rigs fell for the eighth straight week, and rig counts also declined in Permian Basin and Texas. As of Sept. 1 there were 631 rigs in U.S. (632 week ago, 760 year ago), 319 in Permian Basin (320 week ago, 342...
by paperboy | Aug 24, 2023 | Today in Energy
Ben Shepperd,PBPA President While oil and gas production, especially in the Permian Basin, has continued to break records, deliver meaningful environmental impacts, provide affordable and reliable energy across the globe, and promote economic growth, that isn’t enough...
by paperboy | Aug 24, 2023 | Today in Energy
Baker Hughes’ count of active oil and gas drilling rigs declined (by 12) for sixth straight week in U.S. to 642 – lowest count in 18 months since February 2022. And the number of oil-directed rigs declined by 5 in the past week to 520 – lowest in 17 months since...
by paperboy | Aug 17, 2023 | Today in Energy
Only one of the top nine counties in Permian Basin added a drilling rig in the past week, according to Baker Hughes in its weekly report of Aug. 11. Lea County (64 rigs) and Eddy (47) in New Mexico lead Permian, but both their counts were unchanged in the past week. ...
by paperboy | Jul 19, 2023 | Today in Energy
Baker Hughes’ rig count in Permian Basin as of July 14 fell by 5 in the previous week to 337 rigs – its lowest count of rigs in 14 months since May 2022. There were 350 rigs in Permian Basin a year ago and 353 to start 2023. Also there were 329 rigs in Texas (337...
by paperboy | Jul 14, 2023 | Today in Energy
U.S. rig count showed an increase of 6 rigs in the previous week to break a streak of 9 consecutive weeks of declines. Baker Hughes said as of July 7 there were 680 rigs (674 previous week, 752 year ago) in U.S. The count declined from 755 to 674 during that...