Archive for the ‘Niobrara’ Category

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.

Crude oil production from the seven major US onshore oil and gas
producing regions is forecast to increase 109,000 b/d during April to
4.962 million b/d, according to data from the US Energy Information
Administration’s Drilling Productivity Report.

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 Energy Information Administration projects crude oil production from seven major US onshore producing regions to climb 80,000 b/d month-over-month in March to 4.873 million b/d.

Rig deployment in the US continued to pick up steam during the week ended Feb. 3 as Baker Hughes Inc.’s tally of active units recorded its third consecutive weekly double-digit increase.

The US drilling rig count increased by 17 during the week ended Jan. 27 to 712 active units, according to data collected by Baker Hughes Inc.
The overall rise continues to reflect a resurgence in units targeting
crude oil, drilling horizontally, and …

Crude oil output from the seven major US onshore producing regions is expected to rise 41,000 b/d month-over-month in February to 4.748 million b/d, according to data from the US Energy Information Administration.

The US drilling rig count dropped by 6 to 659 active units during the week ended Jan. 13, marking its first decrease since Nov. 11, 2016, and largest since the drilling rebound began at the beginning of June, according to Baker Hughes Inc. data.