Archive for the ‘Bakken Shale’ Category
BHI: US rig count climbs for 20th straight week
June 2nd, 2017 by Latest News
The number of active drilling rigs spread across the US has increased in 20 straight weeks, according to data compiled by Baker Hughes Inc.
The Baker Hughes Inc. US rig count’s 19th straight weekly increase came by way of Colorado and gas-directed rigs instead of the usual lift from Texas and oil-directed rigs.
EIA: Permian, Eagle Ford to continue bolstering US onshore oil output in June
May 15th, 2017 by Latest News
Crude oil production from the seven major US onshore producing
regions is forecast to rise 122,000 b/d month-over-month in June to
average 5.401 million b/d, according to the US Energy Information
Administration’s latest Drilling Productivity Report. All but 15,000 b/d of the increase is expected to come from the Permian and Eagle Ford.
BHI: Again mirroring Permian activity, US rig count rises in 17th straight week
May 12th, 2017 by Latest News
The US drilling rig count during the week ended May 12 recorded its 17th consecutive increase, bolstered again by rigs targeting oil, drilling horizontally, and stationed on the Permian basin.
BHI: Permian, overall US rig counts each up 7
May 5th, 2017 by Latest News
The rig counts for the US and its largest drilling and production
region each gained 7 units during the week ended May 5, according to
data from Baker Hughes Inc.
PwC reports record-high US oil, gas M&A deal value for first quarter
April 20th, 2017 by Latest News
Mergers and acquisitions in the US oil and gas industry hit a record value for a first quarter, reinvigorated by steadier oil and gas prices, a new pro-energy administration, and technological advances, according to PwC LLP’s latest energy deals report.
EIA: Production from major US onshore oil regions to rise 124,000 b/d in May
April 17th, 2017 by Latest News
The seven major onshore producing regions in the US are expected to collectively increase oil output by 124,000 b/d during May to average 5.193 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.
BHI: US rig count rises for 13th straight week
April 13th, 2017 by Latest News
The tally of active rigs in the US gained 8 units to 847 during a week
ended Apr. 13 shortened a day by the Good Friday holiday, Baker Hughes Inc. data indicated. Much of the lift was again provided by the Permian—but this time on the New Mexico portion of the basin.