by paperboy | Oct 25, 2023 | Today in Energy
October 25, 2023
Data source: Baker Hughes Company
On October 20, the Baker Hughes Company reported 118 natural gas-directed rigs were active in the United States, a decrease of 38 rigs since the start of 2023. The decline in active drilling rigs...
by paperboy | Oct 19, 2023 | Today in Energy
October 18, 2023
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, September 2023
We estimate that U.S. marketed natural gas production in the Lower 48 states (L48) will grow by 5% (5.0 billion cubic feet per day...
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. ...