News

Lifted entirely by onshore oil-directed units ... the total is now down 1,268 units. Following a 4-unit jump last week, gas-directed rigs in the US edged down a unit to 89. Land-based rigs ...
During the week, US land rigs fell 35 units to 1,770. Offshore rigs held steady at 58 units. Rigs drilling in inland waters also held steady at 12 units last week. Oil rigs lost 37 units to 1,499.
Deutsche Bank points out that at current levels only the land ... rigs in oil and natural gas producing regions of the continental United States and western Canada. Universal Pressure Pumping ...
Rigs engaged in land operations ... horizontal rig units decreased by 29 from last week’s level to 770. Gulf of Mexico (GoM): The GoM rig count was up by 2 to 31. Both oil and gas drilling ...
While the buyouts have minimal economic impact for the Oklahoma-based land driller ... fortunes of US drillers. Unit declined to name the operator that dropped the rigs, only saying that it ...
After an unusual land deal, a giant spill and a tanker ... this singular landscape would be ravaged, in his view, by rigs, pumping units, waste pits and pipelines and when he would become an ...
Rising rig counts could be a sign that the higher oil prices are luring U.S. oil companies to start pumping away again. That in turn may cause other drillers on the fence to add rigs of their own.
Longer wells call for less of them. A service rig crew pulls sucker rods from an oil and gas well as they work to bring a downhole pumping unit to the surface on Aug. 14 in West Odessa.
ADNOC Drilling has agreed to acquire a 70% stake in SLB ’s land drilling rigs business in Kuwait and Oman, the companies ...