Archive for the ‘Granite Wash’ Category

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.

The US drilling rig count during the week ended Apr. 21 climbed by double-digits for the 10th time in its 14-week streak of increases, Baker Hughes Inc. data indicate.

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.

The US drilling rig count’s surge continued during the week ended Apr. 7 with another 15-unit increase, according to Baker Hughes Inc. data. Twelve of those units started up in the Permian basin.

The US count of active drilling rigs climbed 20 units to 809 during the week ended Mar. 24, according to data from Baker Hughes Inc.

The US drilling rig count jumped 21 units to 789 during the week ended Mar. 17, continuing a recent surge in a drilling rally that dates back to May 27, 2016, according to Baker Hughes Inc. data.

The US drilling rig count climbed 12 units to 768 during the week ended Mar. 10, according to Baker Hughes Inc. data.

The Baker Hughes Inc. tally of active rigs in the US gained 2 units
to 756 during the week ended Mar. 3., representing a seventh straight
week of increases as drilling activity continues to ramp up throughout
Texas.

The US drilling rig count increased a mere 3 units during the week ended Feb. 24 following 5 straight weeks of double digit gains, according to Baker Hughes Inc. data.

The US drilling rig count rose by double digits for the fifth consecutive week during the week ended Feb. 17.