Rig Counts
Rig Counts
US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week
The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker Hughes Co.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 11, 2020)
U.S. drops 20 rigs from last week to current week’s total of 390. Hess, EOG Resources, Oxy USA, Marathon, Devon and Cimarex are among the many that have announced cuts or reductions to their programs.
Rig Counts
US Drillers Cut Oil, Gas Rigs to Historic Low
The rig count, an early indicator of future output, fell by 34 to a record low of 374 in the week to May 8, according to data from energy services firm Baker Hughes Co. going back to 1940.
Rig Counts , Field Development , Emerging Plays
International Highlights
Check out the latest E&P highlights from around the world.
Investment , Exploration & Production , Rig Counts , Unconventional , Shale Plays , Midstream
The Bakken Takes a Hit
Between a historic oil price crash and resource maturity, some say the Bakken may have only five or six good drilling years left. What’s the opportunity now?
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of May 4, 2020)
The oil-rig count in the U.S. has now declined for seven weeks in a row, implying upcoming declines in domestic crude output.
Rig Counts
US Drillers Cut Oil Rigs for Seventh Consecutive Week
Drillers cut 53 oil rigs in the week to May 1, bringing down the total count to 325, the lowest since June 2016, energy services firm Baker Hughes Co. said in its weekly report.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of April 27, 2020)
As of April 19, the number of active rigs in the Permian Basin is down 43% year-over-year, while Appalachian rig activity is down 41%, according to Enverus Rig Analytics.
Rig Counts
Baker Hughes Reports US Oil Rig Count Down By 60
The total count dropped to 378, the lowest since July 2016, energy services firm Baker Hughes Co. said in its weekly report.
Rig Counts , Unconventional , Shale Plays
Hart Energy’s Unconventional Activity Tracker (Week of April 20, 2020)
As of this week, the rig count decline is nearing the decline of 2015. It fell about 10 rigs per day this week and in 2015-2016, it fell about 12-15 per day.