Archive for the ‘Woodford Shale’ Category

The US rig count ended a 5-week streak of declines with a surprise 9-unit jump to 907 during the week ended Nov. 10, data from Baker Hughes indicate. The cumulative increase reflects gains in land-based and oil-targeting rigs.

The US rig count during the week ended Nov. 3 continued its downward slide with an 11-unit drop, according to Baker Hughes data.

Crude oil production from the major US onshore regions is forecast to increase 81,000 b/d month-over-month in November to 6.12 million b/d, the US Energy Information Administration said in its monthly Drilling Productivity Report.

The US drilling rig count fell 4 units to 936 during the week ended Oct. 6, according to Baker Hughes data.

Baker Hughes’ overall US rig count increased this week by its largest margin in 2 months, driven by more oil-directed drilling and activity in Utah and the Gulf of Mexico.

Baker Hughes’ overall US rig count increased this week by its largest margin in 2 months, driven by more oil-directed drilling and activity in Utah and the Gulf of Mexico.

Drilling has commenced on the first well in a new STACK joint venture between Oklahoma City operator Chaparral Energy Inc. and Houston private equity firm Bayou City Energy (BCE).

The US rig count during the week ended Sept. 22 declined for the
sixth time in 8 weeks, again anchored by a drop in oil-directed rigs.

Crude oil output from the seven major US onshore producing regions is
forecast to increase 79,000 b/d month-over-month in October to 6.083
million b/d, the US Energy Information Administration said in its latest
monthly Drilling Productivity Report.

The US rig count during the week ended Sept. 15 recorded its largest decline since the end of the drilling dive of late-2014 to mid-2016.