Archive for the ‘Niobrara’ Category

Thanks to another rise in oil-directed units, the US drilling rig count barely held on to its recent upward momentum during the week ended July 29. The modest increase comes during a week in which many US exploration and production firms outlined secon…

Whiting Petroleum Corp. of Denver resumed completion operations in the Williston basin in late June as part of its previously announced 44-well participation agreement. Whiting had announced in February it would suspend completions in North Dakota duri…

The US drilling rig count gained 15 units to 462 during the week ended July 22, representing its biggest increase since this week a year ago, according to Baker Hughes Inc. data. Fourteen of the units to come online are oil-directed.

The US Lower 48 has accounted for $150 billion of the $370 billion in global capital expenditure reductions by upstream firms during 2016-17, according to analysis from WoodMackenzie.

Tallgrass Pony Express Pipeline LLC is holding a binding open season soliciting shipper commitments for light crude petroleum transportation service from the Buckingham receipt point in Weld County, Colo., on the Northeast Colorado Lateral (NECL) of Po…

Crude oil production in August from the Permian and Bakken is expected to remain below the benchmarks of 2 million b/d and 1 million b/d, respectively, according to projections from the US Energy Information Administration.

The overall US drilling rig count gained 7 units to 447 during the week ended July 15, according to data collected by Baker Hughes Inc. All but one of the units to come online were oil-directed.

Again boosted by oil-directed units, the tally of active US drilling rigs gained 9 units to 440 during the week ended July 8, marking the fifth time in 6 weeks the overall count has risen, according to Baker Hughes Inc. data.

Lifted entirely by onshore oil-directed units, the US drilling rig count jumped by 10 during the week ended July 1 for the second time in 3 weeks, tallying 431 rigs working, according to data from Baker Hughes Inc.

The US drilling rig count increased for the third straight week during the week ended June 17, gaining 10 units to 424 rigs working, according to Baker Hughes Inc. data.