Patterson-UTI reported an average of 107 drilling rigs operating in the U.S. for the month of August.
The report, released Sept. 9, also said that during the two-month period that ended Aug. 31, Patterson-UTI had an average of 108 drilling rigs operating in the U.S.
The drilling rigs reported operating in Patterson-UTI’s monthly announcement represent the average number of drilling rigs that were earning revenue under a drilling contract in the U.S.
Recommended Reading
As NatGas Drops Below $2, Chesapeake is Prepared to Curtail Volumes Again
2024-07-30 - Chesapeake Energy, the No. 2 U.S. gas producer, reported it is prepared to curtail again in the fall if prices “weaken materially” as prompt-month gas prices hovered around $2/MMBtu on July 30.
Chesapeake Pushes to Move 10% of US Shale Gas into Asian Markets
2024-09-17 - Chesapeake Energy is targeting getting 10% to 15% of its production onto an international index, the company’s Executive LNG Adviser Katrina Kaufman said Sept. 16 during the Asia-US LNG Roundtable.
Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production
2024-09-11 - The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.
Cove Point LNG Poised for Restart After Maintenance
2024-10-10 - Cove Point LNG is set to come back online soon, Rystad Energy said Oct. 10, as natural gas futures rose 1% on forecasts for higher demand and the return of the facility to operational status.
Exclusive: EQT Set to Benefit from AI Growth in Appalachia
2024-10-01 - An ample supply of natural gas is available in Appalachia, making it a perfect place for AI data centers to settle down and take root. EQT plans on pouncing on the opportunity, said Will Jordan, EQT's executive vice president and general counsel, at Gastech 2024.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.