Rig Counts
Rig Counts
US Oil Rig Count Plummets Amid Cutbacks
Drillers cut 40 oil rigs in the week to March 27, bringing down the total count to 624, the lowest since March 2017, energy services firm Baker Hughes Co. said in its weekly report.
Rig Counts , Unconventional
Chart: Eastern Rig Count As Of March 27, 2020
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count As Of March 27, 2020
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Rig Counts , Unconventional
Chart: Midcontinent, Permian Basin Rig Count As Of March 27, 2020
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Rig Counts , Unconventional
Chart: Western Rig Count As of March 27, 2020
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Rig Counts , Unconventional , Shale Plays
Hart Energy’s Unconventional Activity Tracker (Week of March 23, 2020)
The hurricane of in-field activity cutbacks is moving toward landfall. Hart Energy’s Unconventional Activity Tracker fell 11 units, or 2%, this past week led by a nine-unit decline in the Permian Basin. Rig count declines were recorded in most of the major plays although the Marcellus and Utica held steady at zero change versus last week. That story was also true for the liquids-rich plays, and the traditional dry gas plays.
Business , Rig Counts , Unconventional , Shale Plays
Rig Counts Begin Falling As Shale Operators Cut Billions In Spending
Survival mode has returned to the oil and gas sector, Wood Mackenzie says.
Rig Counts , Unconventional , Shale Plays
Hart Energy’s Unconventional Activity Tracker (Week of March 16, 2020)
This week’s rig count produced a false positive, essentially reporting the activity level in effect shortly before oil markets cratered from the OPEC + dissolution and the ensuing draconian retrenchment in E&P 2020 capex.
Rig Counts
US Oil Rig Count Rises For Second Week In A Row
The U.S. oil drilling rig count rose for a second week in a row despite a massive drop in both oil and natural gas prices this week and projections by many analysts that the number of rigs will fall as producers deepen their spending cuts on new drilling.
Rig Counts , Unconventional
Hart Energy’s Unconventional Activity Tracker (Week of March 9, 2020)
This week, declines of one unit each in the Marcellus and Bakken seemed mild compared to a three-rig drop in the Anadarko Basin. But the Permian largely offsets those regional weaknesses.