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Shale lessons for 2026: Price matters less as efficiency rises

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New Year Begins With a Decline in U.S. Oil and Gas Rigs

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New Year Starts With Fewer U.S. Oil and Gas Rigs

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Nabors Industries price target raised to $64 from $56 at Susquehanna

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US Oil Drilling Activity Ends Down for 2025, But Production Still Near Highs

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US Oil Drillers See Increased Activity

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US Oil Drillers Slow Activity In Tough Price Environment

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US Drillers Add Oil Rigs As Analysts Warn of Incoming Glut

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US Oil Rig Count Stages A Comeback After Last Week’s Losses

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US Rig Count Falls Off a Cliff In Thanksgiving Week

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‘Breakeven’ prices are more complicated than you might think

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US Drillers Pick Up The Pace

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All Press Releases

Natural Gas Production In The Permian Basin Hit A Record High In 2022

Natural gas production in the Permian Basin hit a record in 2022, the Energy Information Administration reported, with the total at 21 billion cubic feet daily.

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Analysts: Frac spread count declining along with rig count

Analysts watching the frac spread count – the number of pressure pumping crews at work completing wells – have noticed a shift fueled by commodity prices.

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U.S. Drilling Activity Continues Its Slide

The total number of total active drilling rigs in the United States fell by 1 this week, according to new data from Baker Hughes published Friday, falling by 53 over the last five weeks.

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Global Macro Update - Monday Macro View

In this episode Osama Rizvi talks about falling credit impulses and why are they important. He also highlights other factors that are contributing to the overall slowdown in economic growth.

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Halt button’ hit on drilling in US oil and gas slowdown

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US Oil Rig Count Plunges To Annual Decline; Jobs & Production Next?

Baker Hughes just reported that the total number of active drilling rigs in the US tumbled by 15 last week to 696 - down 31 rigs on a YoY basis...

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Oil Rebounds As U.S. Drillers Continue To Pull Back

The total number of total active drilling rigs in the United States fell by 9 this week, according to new data from Baker Hughes published Friday, after falling by 11 last week and 17 the week before that.

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U.S. Shale Production Is Set For A Rapid Decline

While the EIA and others see U.S. shale production rising through the end of 2024, there are some worrying signs that production may already be slowing.

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U.S. Drilling Rigs Swing To Annual Loss For First Time In Years

The total number of total active drilling rigs in the United States fell by 11 this week, according to new data from Baker Hughes published Friday, after falling by 17 last week.

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Oil, Gas Drilling Activity In U.S. Sees Largest Single-Week Drop Since Mid-2020

The total number of total active drilling rigs in the United States fell by 17 this week, according to new data from Baker Hughes published Friday, after falling by 7 last week. It is the largest single-week drop in the number of oil and gas rigs in the United States since June 2020.

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Oil And Gas Drilling Activity In The U.S. Slows

The total number of active drilling rigs in the United States fell by 7 this week after rising by 2 last week, the largest decrease since February.

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Permian Rig Count Inches Higher As WTI Recoups Some Losses

he total number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published Friday, after rising by 5 last week.

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Oil, Gas Drilling Activity In The U.S. Perks Up

The total number of total active drilling rigs in the United States rose by 5 this week, according to new data from Baker Hughes published Friday, after falling 3 last week.

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Pakistan Has Bought Its First Russian Oil Cargo. Now What?

Pakistan has placed its first order for discounted Russian crude oil, a move that could potentially reduce the country's reliance on Middle Eastern oil producers.

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U.S. Drilling Activity Slips Further

The total number of total active drilling rigs in the United States fell by 3 this week, according to new data from Baker Hughes published Friday, after falling 4 last week.

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Could oil hit $100 again? Here’s what the analysts think

A number of analysts have highlighted why there are “sufficient” reasons to anticipate higher oil prices after top crude producers announced plans to slash production from May until the end of the year.

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U.S. January Oil Production At Post Pandemic High

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs March Petroleum Supply monthly PSM which provides updated information up to January 2023.

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Completion capacity constrains US shale output growth

US shale oil output growth expectations are being revised down as operators concede that upstream capacity constraints and shareholder demands for higher returns will limit production increases.

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Oil Rig Count Inches Higher As WTI Holds Below $70

The total number of total active drilling rigs in the United States rose by 4 this week, according to new data from Baker Hughes published on Friday.

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Oil prices fall despite central bank action: Time to buy the dip?

Oil prices fell again on Monday as traders weighed up global banking sector risks and another US interest rate hike, which could subsequently prompt a recession and reduce demand.

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U.S. Drilling Makes Gains As Gas Rig Count Jumps

The total number of total active drilling rigs in the United States rose by 8 this week, with gas-directed rigs making all the gains, according to new data from Baker Hughes published on Friday.

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U.S. Oil Drilling Activity Cools Off In The Permian

The total number of total active drilling rigs in the United States fell by 3 this week, according to new data from Baker Hughes published on Friday, after falling by 4 last week.

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U.S. Oil Drilling Activity Cools Off In The Permian

The total number of total active drilling rigs in the United States fell by 3 this week, according to new data from Baker Hughes published on Friday, after falling by 4 last week.

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