Tag Archives: Baker Hughes

Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.

The oil and gas rig count is now 135 up from this time last year.

Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.

U.S. sanctions will target Iran’s crude oil exports from Nov. 4.

In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.

With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.

American oil production remained at its highest level ever at 11 million barrels per day.

The oil and gas rig count is now 104 up from this time last year.

The oilfield is one of the three major offshore expansion projects in Saudi Arabia.

OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.