Archive for the ‘Niobrara’ Category
Undeterred by the upcoming holiday week, the US rig count recorded yet another double-digit weekly increase.
Undeterred by the upcoming holiday week, the US rig count recorded yet another double-digit weekly increase.
EIA: Production from major US oil, gas regions to rise in January
December 12th, 2016 by Latest News
Crude oil and natural gas output from the seven major producing regions in the US is expected to begin 2017 with a modest increase, according to data from the US Energy Information Administration.
The US drilling rig count jumped 20 units to 588 during the week ended Nov. 18, according to Baker Hughes Inc. data. It’s the count’s largest increase since April 2014, several months before the beginning of a steep drilling dive the lasted a year and a half.
EIA: DUC well count in major US oil, gas regions up 58 in October
November 14th, 2016 by Latest News
The count of drilled but uncompleted (DUC) wells in the seven major oil- and gas-producing regions of the US grew by 58 in October to 5,155, with increases in the Permian basin more than offsetting declines in the neighboring Eagle Ford shale, the US E…
Units targeting crude oil, drilling horizontally, and focused on the Permian basin continue to drive current and planned US rig-count increases.
BHI: Permian helps boost US rig count by 14
October 21st, 2016 by Latest News
Previously stagnant since the beginning of September, the Permian basin’s rig count surged during the week ended Oct. 21, helping boost the overall US rig count by double-digits.
The rising rig count in the Permian basin is being accompanied by a higher tally of drilled but uncompleted (DUC) wells and a higher crude-output forecast, estimates from the US Energy Information Administration show.