U.S. Rig Count current and historical data, updated every Friday. Data made available by Baker Hughes.
PARKERSBURG, W.V.– Daily footage has become a key metric in quantifying Northeast drilling efficiency, and the pace of the improvement has been phenomenal. Six or seven years ago, drilling 2,500 feet ...
HOUSTON–Oil and gas companies are continuously pressured to not only do more with less, but do it faster, safer and cheaper. This “new normal” in oil and gas operations, spurred by market volatility, ...
After a flurry of activity in the Tuscaloosa Marine Shale (TMS) met with some unexpected geological challenges three years ago, the persistent independent producers that stuck with the play say they ...
Vapor recovery units can increase well site revenue while reducing emissions, but to deploy them economically, operators must overcome several challenges.
At 40,000 feet thick in its deepest portion, the Anadarko Basin in western Oklahoma presents one of the premier shale targets in North America. Newfield Exploration Co. opened the STACK (Sooner Trend ...
HOUSTON–On April 16, LLOG Exploration Company LLC and its partners commenced production on one of the Gulf of Mexico’s most efficient deepwater developments to date: the Delta House multiple-field ...
HOUSTON–When golfing great Bobby Jones won all four major golf championships in 1930, a writer for the New York Sun quipped that Jones had “stormed the impregnable quadrilateral of golf.” Today, we ...
HOUSTON–Volatility in global oil prices is a constant and harsh reminder to oil and gas companies that they operate in a commodity market and must continually examine new methodologies and ...
According to the Pennsylvania Department of Environmental Protection’s annual report on oil and gas activity, operators produced 6.1 trillion cubic feet from the Marcellus and Utica in 2018–the most ...
DENVER–Rapid compression capacity expansions in gas gathering systems in unconventional resource plays, followed by the commodity price downturn, has driven the need to increase efficiency and reduce ...
HOUSTON–To optimize the economics of unconventional reservoir development, operators must maximize production by drilling horizontal “child” wells on reduced spacing to efficiently drain hydrocarbons ...