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US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb

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US Oil, Gas Drillers Slow Operations Amid Rising Prices

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Crude Oil Market Tightens as Production Stalls and Rigs Lag

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US Rig Count Rises For First Time in Three Weeks

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Australia and Japan face jet fuel supply crunch as China cuts exports

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US Drillers Pull Back As WTI Soars Past $98

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US Drillers Add Oil Rigs For Second Week In A Row As Prices Soar

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US Drillers Add Oil, Gas Rigs As Brent Tops $100 For First Time in Years

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Call to shift from gas to electricity and renewable energy

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US Drillers Add Oil Rigs as WTI Jumps 14%

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Oil and fuel shipments through the Strait of Hormuz have been suspended.

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Oil breaks out

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All Press Releases

Liberty Oilfield Services: Demand For Quality Fracs Will Keep It Agile

Liberty Oilfield Services' PropX acquisition will augment the environmental-friendly last mile proppant delivery solutions.

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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.

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New Crude Production Record in Sight as Permian Basin Comeback Continues

As oil prices break through multiyear highs, the heartland of US onshore activity is nearing the record levels of output reached before the pandemic.

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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.

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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.

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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.

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U.S. Rig Count Climbs As Crude Prices Rally

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.

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"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.

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July U.S. Oil Production Growth Slows

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.

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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.

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U.S. Oil Rig Count Jumps As Crude Prices Near 3-Year High

The number of oil and gas rigs in the United States rose by 9 again this week, according to Baker Hughes

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U.S. Oil Rig Count Jumps As Permian Drillers Add Rigs

The number of oil and gas rigs in the United States rose by 9 this week, according to Baker Hughes—after gaining 6 last week.

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Nine Energy Service: Balance Sheet Concerns Put Off The Rewards

NINE’s sales of dissolvable plugs have sufficient tailwinds in the market.

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U.S. Oil Rigs See Sharpest One-Week Decline In Over A Year

The number of oil and gas rigs in the United States fell by 11 this week, according to Baker Hughes—after rising by 5 last week.

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June U.S. Oil Production Little Changed

U.S. June production was essentially flat, only down by 5 kb/d from May. The revision to May was a surprise. May was revised up by 81 kb/d to 11,312 kb/d.

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US shale producers switch from DUCs to drilling

US shale producers remain determined to restrain spending until oil market fundamentals strengthen, despite record cash generation so far this year.

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U.S. Rig Count Inches Higher As Prices Recover

The number of oil and gas rigs in the United States rose by 5 this week, according to Baker Hughes—after rising by 3 last week.

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Frac Spread Counts To Continue Steady Rise As Oil Market Rebalances

HOUSTON–The U.S. completion market has seen a robust recovery off the bottom in 2020, with frac spreads leading the charge higher. We believed that companies wanted to limit 2020 decline curves at 10%-15% (final was about 13%), making it easier to stem declines in 2021 and get back to stable growth.

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U.S. Rig Count Ticks Higher Amid Oil Price Slide

The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after rising by 9 last week.

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U.S. Rig Count Rises To 16-Month High

The number of oil and gas rigs in the United States rose by 9 this week, according to Baker Hughes—after rising by 3 last week.

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U.S., Canadian Rig Count Rise

The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after falling by 3 last week. a

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U.S., Canadian Rig Count Rise

The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after falling by 3 last week. a

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Big Oil and the energy transition: Can profitability be sustained?

BP joined rivals Shell, Chevron and TotalEnergies in rewarding investors with share buybacks last week as rebounding crude-oil prices carried earnings and cash flow to pre-pandemic levels.

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Oil Tops $75 On Shrinking U.S. Crude Inventories

Brent crude futures topped $75 on Thursday morning as U.S. crude oil inventories fell to 7 percent below the five-year average, according to EIA data.

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