Nissa
Darbonne
Oil and Gas Investor
US E&Ps Could Drop Up to 100 Rigs at New Low Oil Price
Private operators are likely to let rigs go first, beginning in the Midcontinent and Powder River Basin, then the Eagle Ford, Bakken and Permian, according to J.P. Morgan Securities.
Oilfield Services Outlook Goes from Not Great to Not Good
Piper Sandler Analyst Derek Podhaizer studied how the market reacted to previous price shocks to determine the 2025 playbook for the oilfield services sector.
Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise
Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
The Latest
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
The oil and gas rig count rose by two to 585 in the week to April 17. Despite this week's rig increase, Baker Hughes said the total count was still down 34 rigs, or 5% below this time last year.
US E&Ps Could Drop Up to 100 Rigs at New Low Oil Price
Private operators are likely to let rigs go first, beginning in the Midcontinent and Powder River Basin, then the Eagle Ford, Bakken and Permian, according to J.P. Morgan Securities.
Oilfield Services Outlook Goes from Not Great to Not Good
Piper Sandler Analyst Derek Podhaizer studied how the market reacted to previous price shocks to determine the 2025 playbook for the oilfield services sector.
US Oil Rig Count Falls by Most in a Week Since June 2023
The oil and gas rig count fell by seven to 583 in the week to April 11. Baker Hughes said this week's decline puts the total rig count down 34 rigs, or 6% below this time last year.
US Oil Rig Count Rises to Highest Since June
Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.
US Drillers Cut Oil, Gas Rigs for First Time in Three Weeks
The oil and gas rig count fell by one to 592 in the week to March 28.
US Oil, Gas Rigs Rise for First Time in Three Weeks
Despite this week's rig increase, Baker Hughes said the total count was still down 31 rigs, or 5% below this time last year.
Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise
Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
US Oil, Gas Rig Count Unchanged This Week
The oil and gas rig count was steady at 592 in the week to March 14. Baker Hughes said that puts the total rig count down 37, or about 6% below this time last year.
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.