Archive for the ‘Bakken Shale’ Category

The US rig count during the week ended Nov. 3 continued its downward slide with an 11-unit drop, according to Baker Hughes data.

Crude oil production from the major US onshore regions is forecast to increase 81,000 b/d month-over-month in November to 6.12 million b/d, the US Energy Information Administration said in its monthly Drilling Productivity Report.

The US rig count during the week ended Oct. 13 declined for the eighth time in 11 weeks. But forecasters continued to see growth in both drilling and production in the coming months and years supported in part by steadier crude oil prices.

Baker Hughes’ overall US rig count increased this week by its largest margin in 2 months, driven by more oil-directed drilling and activity in Utah and the Gulf of Mexico.

Baker Hughes’ overall US rig count increased this week by its largest margin in 2 months, driven by more oil-directed drilling and activity in Utah and the Gulf of Mexico.

The US rig count during the week ended Sept. 22 declined for the
sixth time in 8 weeks, again anchored by a drop in oil-directed rigs.

Crude oil output from the seven major US onshore producing regions is
forecast to increase 79,000 b/d month-over-month in October to 6.083
million b/d, the US Energy Information Administration said in its latest
monthly Drilling Productivity Report.

The US rig count during the week ended Sept. 15 recorded its largest decline since the end of the drilling dive of late-2014 to mid-2016.

The overall US rig count has declined for the third straight week and fifth time in 8 weeks, advancing what could be a partial reversal of a drilling rebound that lasted more than a year.
 

Crude oil production from the seven major US onshore producing regions is forecast to increase 117,000 b/d month-over-month in September to 6.149 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.