Drilling activity in the United States continues to pick up, according to Baker Hughes, with a 7-rig rise to the number of active drilling rigs this week, according to Baker Hughes.
U.S. Oil Rig Count Rises As Drilling Activity Picks Up
Drilling activity in the United States continues to pick up, according to Baker Hughes, with a 6-rig rise to the number of active drilling rigs this week, according to Baker Hughes.
The Price Paid for a Big Fracturing Deal Suggests Next Year Could Turn out Flat
The pressure pumping business has been looking up this year, but the price paid to buy a big player in that business, FTS International, suggests growth may not last.
Halliburton: Base Hit In Q3, The Game Has Just Begun
Halliburton, (NYSE:HAL) turned in a solid quarter for Q-3, 2021 that showed growth across business lines domestically and internationally. You can see from the graphic below the market is unimpressed with this accomplishment.
Halliburton posts Q3 profit as drilling rebounds, eyes jump in customer spending
Oct 19 (Reuters) - U.S. oilfield firm Halliburton Co (HAL.N) on Tuesday posted its third consecutive quarterly profit and said customer spending in the United States could jump 20% next year, as stronger oil prices and drilling activity boost demand for services and equipment.
U.S. Oil Rig Count Climbs In Lockstep With Crude Prices
The number of oil and gas rigs in the United States rose by 10 this week, according to Baker Hughes, bringing the total number of additions since the start of the summer to 95.
The number of oil and gas rigs in the United States rose by 5 this week, according to Baker Hughes, bringing the total number of additions since the start of the summer to 85.
"Six times more expensive than last year": US shale activity builds as gas prices threaten Euro shutdowns
Oil prices remain within shouting distance of the US$80 per barrel mark while high gas and electricity prices might force European manufacturers to temporarily shut down plants to conserve fuel this winter.
U.S. July production increased by 31 kb/d to 11,307 kb/d from June only because June was revised down from 11,307 kb/d in the August report to 11,276 kb/d in this report.
U.S. Drillers Add More Rigs Amid Rising Oil Prices
The number of oil and gas rigs in the United States rose by 7 this week, according to Baker Hughes, bringing the total additions over the last four weeks to 31.