Archive for the ‘Granite Wash’ Category

The overall US drilling rig count began the year with its largest decline since last April, plunging 34 units to 664 during the week ended Jan. 8, according to Baker Hughes Inc. data.

The US drilling rig count dropped 7 units to 737 during the week ended Dec. 4, marking its lowest point since Oct. 15, 1999, according to Baker Hughes Inc. data.

The overall US drilling rig count’s 13-unit drop during the week ended Sept. 4 entirely comprised oil-directed, land-based units, according to data from Baker Hughes Inc.

Sabine Oil & Gas Corp., Houston, which drills for oil and gas in Texas and Louisiana, has decided to skip a $21 million interest payment and enter a 30-day grace period to either make the payment or slip into a debt default.

The US drilling rig count fell 34 units—all on land—to 954 rigs working during the week ended Apr. 17, according to data from Baker Hughes Inc.

The US drilling rig count fell 34 units—all on land—to 954 rigs working during the week ended Apr. 17, according to data from Baker Hughes Inc.

The US drilling rig count plunged 67 units—64 on land and 56 targeting oil—to settle at 1,125 rigs working during the week ended Mar. 13, according to data from Baker Hughes Inc.