The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 this week to 587, compared to 623 rigs this same time last year. The number …
Read More »North America Adds Rigs for 8th Consecutive Week
North America added 13 rigs week on week, according to Baker Hughes’ latest rotary rig count, which was published on July 12. Although the U.S. dropped one rig week on week, Canada added 14 during the same period, taking the total North America rig count up to 773, comprising 584 …
Read More »Baker Hughes Lands Two Major Contracts in Norway
Nasdaq-listed oilfield services major Baker Hughes has been awarded two contracts by Norwegian operator Vår Energi, expanding its North Sea footprint in exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement for well intervention and exploration logging solutions to assist Vår Energi in …
Read More »U.S. Rig Count Climbs as Oil Prices Recoup Losses
The number of oil and gas rigs in the United States is up 7 this week, according to Baker Hughes, which pegged the total rig count at 491, up 240 from the same time last year. The U.S. oil rig count rose by 7 this week to 387. The number …
Read More »Baker Hughes Rig Counts Show USA Dip and Canada Surge
Baker Hughes Co. on Friday reported the total number of rotary drilling rigs operating in the United States ended the week at 456, representing a one-unit decline from a week ago. The most recent U.S. rig count reflects no change in the number of oil (359) and a one-unit drop …
Read More »International Rig Count Rises 14 Units to 715 in March
The international rig count, except for the US and Canada, increased by 14 units month-on-month (MoM) in March 2021, bringing the total count to 715, data of energy services firm Baker Hughes showed. The oil rigs in the Middle East rose by one MoM to 261 in March but declined …
Read More »Baker Hughes US Rig Count Holds Steady
The number of rotary drilling rigs operating in the United States remained flat this week, Baker Hughes Co. reported Friday. Against figures from a week ago, the latest 397-rig U.S. count reflects a one-unit drop in oil rigs (to 305) and a one-unit increase in gas rigs (to 90). Baker …
Read More »Oilfield Service Giants are Diversifying Their Operations
The oilfield services sector is usually the one to suffer the most during an oil and gas industry downturn. This last crisis has been no exception in most respects. Drilling fell sharply this year in response to the demand slump in both oil and gas, budgets were cut and exploration …
Read More »Oil, Gas Rigs Increase for Fourth Week in a Row
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 5 to 263. The total number of active oil and gas rigs increased for the week by 8. The oil and gas rig count has risen for four weeks in a row for …
Read More »U.S. Oil Rig Count Rises for the Eighth Week in a Row
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 10 to 236—the eighth week of oil rig additions. The total number of active oil and gas rigs increased for the week by 12, with oil rigs rising by 10 and gas rigs …
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