Jaxon
Caines
Hart Energy
Antero Sets Record Production Despite Lower Rig Count
Antero Resources’ management is hopeful the industry’s reduction in rig activity will help “balance” the natural gas market.
US Drillers Cut Oil, Gas Rigs to Lowest Since Feb 2022
U.S. oil rigs fell eight to 496 this week, their lowest since January 2022, while gas rigs rose one to 118.
US Monthly Oil Rig Count Rises for First Time Since November
In October, the oil rig count rose by two in its first monthly increase since November.
US Drillers Add Oil, Gas Rigs for Second Week in a Row
The oil and gas rig count, an early indicator of future output, rose two to 624 in the week to Oct. 20.
US Drillers Add Most Oil Rigs in a Week Since March
The oil and gas rig count, an early indicator of future output, rose three to 622 in the week to Oct. 13.
US Drillers Cut Oil, Gas Rigs for Third Week In a Row
Drillers have cut active rigs for three quarters in a row in a delayed response to the sharp drop in prices since the middle of 2022.
US Drillers Cut Oil and Gas Rigs for Third Quarter in a Row
The oil and gas rig count, an early indicator of future output, fell by seven to 623 in the week to Sept. 29.
$70, $80, $90? No Matter WTI Price, Production to Creep Along
As public E&Ps hold fast with capital discipline, even exuberant prices might not be enough to substantially bump up production, although private operators remain a wild card, analysts said.
US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks
U.S. oil rigs fell by eight to 507 this week, their lowest since February 2022, while gas rigs dropped by three to 118.
Strong Demand is Keeping Oil Prices Elevated—But for How Long?
Rig counts are falling—a reflection of higher interest rates and labor costs that now affect drilling costs, moving break-even prices even higher out in the price curve.