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Tag Archives: rig count

US rig count drops 27 this week to 514; Texas down 12

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 27 this week to 514. The Houston company said Friday 413 rigs sought oil and 101 explored for natural gas amid depressedenergy prices. A year ago, 1,310 rigs were active. Among major oil- and gas-producing ...

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US rig count down 18 this week to 619; Texas down 13

oil derrick

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 18 this week to 619. The Houston firm said Friday 498 rigs sought oil and 121 explored for natural gas amid depressed energy prices. A year ago, 1,543 rigs were active. Among major oil- and gas-producing ...

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Gas, oil rigs down as Texas takes hit

Texas down 10 in weekly rig count

The number of active rigs searching for oil and gas in the United States dropped down 14 from last week for a total of 650 rigs. Texas saw the steepest decline, as seven rigs shut down, according to oilfield service company Baker Hughes. Just one oil rig shut down as crude oil prices continue to slump. The total number of ...

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In Texas, residents are riding out the latest oil bust

BIG LAKE — The week before Christmas, restaurant owner Terry Stevens warmly shook hands with oil workers and wished them a happy holiday as they walked out the door, some possibly for the last time. Stevens, a 52-year-old Michigan transplant, moved to this West Texas outpost five years ago, before the latest oil boom. Workers flocked to the Mexican restaurant ...

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US rigs down 9 this week to 700

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by nine this week to 700. The Houston firm said Wednesday 538 rigs sought oil and 162 explored for natural gas amid depressed energy prices. A year ago, 1,840 rigs were active. Among major oil- and ...

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US rig count stable this week, holds at 709

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week held steady at 709. Houston’s Baker Hughes said Friday that 541 rigs were seeking oil and 168 explored for natural gas. A year ago, with oil prices more than double current prices, 1,875 rigs were active. ...

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US rig count declines by 7 this week to 737

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by seven to 737. Houston’s Baker Hughes said Friday that 545 rigs were seeking oil and 192 explored for natural gas. A year ago, with oil prices almost double the prices now, 1,920 rigs were ...

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US oil, natural gas rig count declines by 12 this week to 775

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by 12 to 775. Houston’s Baker Hughes said Friday that 578 rigs were seeking oil and 197 explored for natural gas. A year ago, with oil prices about double the prices now, 1,929 rigs were ...

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Top 5 stories of the week

Here were the top five marcellus.com stories for the week of Oct. 26-30. Thank you for stopping by and enjoy your Halloween! 5. Why does firewood cost so much? Fracking’s part of it Northeasterners who are digging deeper into their pockets to pay for firewood this season can add a new scapegoat to the roster of usual market forces: fracking. ...

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Pennsylvania and Ohio drill permit report, Oct. 18-24

fracking

Pennsylvania Pennsylvania’s oil and gas permit activity took a bit of a tumble since last week, but still shows signs of improvement from earlier this month. The state’s Department of Environmental Protection’s Office of Oil and Gas Management approved a total of 58 permits throughout the state. As the state’s approved permits pile up, so could the Pennsylvania’s tax on ...

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