Solaris Oilfield Infrastructure: Technology Led Margin Expansion On The Cards
The surge in fracturing and completions activities will encourage Solaris Oilfield Infrastructure (NYSE:SOI) to increase proppant fleet in 2022, after a steady ramp-up in 2021.
The number of active drilling rigs in the United States rose by 5 this week—the 18th straight weekly increase to the number of oil and gas rigs in the United States.
U.S. Rig Count See Massive Climb On Higher Oil Prices
The number of active drilling rigs in the United States rose by 22 this week—the 16th straight weekly increase to the number of oil and gas rigs in the United States, and the largest single-week rise since February 2018.
Unless you have been living under a rock, you will know that crude oil prices have soaring on geopolitical concerns, speculation that quite a few OPEC suppliers simply can’t open up the taps further and questions about how quickly US shale oil production can ramp up.
U.S. Rig Count Rises For 15th Straight Week As WTI Nears $93
The number of active drilling rigs in the United States rose by 3 this week—the 15th straight weekly increase to the number of oil and gas rigs in the United States. The total rig count now sits at 613 as the price of a WTI barrel continues to climb to levels not seen since 2014—an attraction to drillers that could find too hard to pass up despite the push to maintain capital discipline and return money to shareholders.
The number of active drilling rigs in the United States rose by 6 this week, bringing the total rig count to 610, as oil prices continue to climb to attractive levels for drillers.
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.