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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

Oil Billionaire’s Low-Carbon Frack Dream Is Proving a Tough Sell

(Bloomberg) -- Billionaire Alejandro Bulgheroni’s dream of making fracking more environmentally friendly is running up against the reality of shale-patch economics.

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U.S. Oil Rig Count Declines For The First Time In Six Weeks

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States decreased by 1 this week, bringing the total rig count to 438.

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Rig and Frac Spread Counts Near Benchmarks

Metrics tied to U.S. drilling and hydraulic fracturing activity are approaching important benchmarks.

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NexTier Oilfield Solutions: Change In Demand Pattern Holds The Key

An improved drilling market and NEX’s foray into ESG-compliant fracking equipment will become primary growth drivers in the medium term.

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Dawson Geophysical: Uncertainty Looms In The Short Term

DWSN will keep its data acquisition crew count unchanged in the US and Canada in Q1 2021.

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U.S. Rig Count Increases As Oil Prices Hold Above $60

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 7 this week, bringing the total rig count to 439.

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The Commodities Feed: China diesel exports near record levels

Oil prices have started the week under pressure, with ICE Brent trading down around 0.5% at time of writing. A firmer USD this morning is weighing somewhat on the complex.

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U.S. Well Services files e-frac patent lawsuit against Halliburton, Cimarex

U.S. Well Services (NASDAQ:USWS -9.1%) files a patent infringement lawsuit against Halliburton (NYSE:HAL -1.5%) and Cimarex Energy (XEC -1.6%), alleging they infringed its electric fracking patents.

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U.S. Well Services files e-frac patent lawsuit against Halliburton, Cimarex Energy

April 15 (Reuters) - Oilfield firm U.S. Well Services filed a patent infringement lawsuit against rival Halliburton Co (HAL.N) and shale oil producer Cimarex Energy Co (XEC.N) on Thursday, alleging they infringed its electric fracking patents.

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EDITORIAL: Bill in Carson City seeks a de facto natural gas ban

If you like your gas stove, you may not be able to keep it. At least if Nevada’s legislative Democrats get their way.

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Profire Banks On Diversification Strategy In The Medium Term

Increased adoption of PF3100 and its expanded applications to non-energy uses are underway in 2021.

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U.S. Oil Rig Count Stalls As WTI Remains Below $60

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 this week, bringing the total rig count to 432.

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U.S. Oil Rig Count Posts Double Digit Gains As Oil Prices Rise

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 13 this week, adding another bearish element to the market after OPEC+ announced it would ease up on its production cut restrictions.

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Producers plan more from less despite rising cash flow

Cash generation, not higher output, is the mantra for US shale oil producers, but further cost-cutting and productivity gains are expected to underpin growth.

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Oil drilling activity is creeping up but prices have dipped

The continued strength of oil prices has seen a steady increase in US oil drilling with the Permian shale oil basin seeing the lion’s share of activity.

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The Commodities Feed: Oil pressure

Oil managed to claw back some of its losses on Friday, with ICE Brent settling almost 2% higher on the day. Despite this, oil has still seen its worst week this year, as concerns grow over a flaring up in Covid-19 cases across Europe.

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Will Spring Breakers Boost Refinery Utilization?

Nowadays many college students and families in the United States are heading to the beach and other vacation destinations for Spring Break.

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Can Natural Gas Be Part of a Low-Carbon Future?

In the mid-2010s it became common to say that natural gas would be a bridge fuel to a zero-carbon future, in which solar, wind and other renewable technologies provide all of our energy without any carbon dioxide emissions to worsen climate change.

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America Is Still an Energy Superpower (And An Oil and Gas Boom Is Coming)

It appears that it really is difficult to keep the oil and gas business in the United States down and out—because it always rallies like a scintillating fourth-quarter comeback.

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Mix of Factors Set to Clarify Natural Gas Demand Outlook

Fallout from the recent Texas freeze, tight petrochemical feedstocks, and the loosening of coronavirus restrictions in the United States should contribute to a better understanding of natural gas demand in the months to come, according to two of Rigzone’s regular market-watchers.

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The Next U.S. Oil And Gas Boom Suddenly Looms On The Horizon

The history of the oil and gas business in the United States is that every time the “experts” all line up to declare it to be dead, it finds a way to come roaring back.

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U.S. crude oil production in 2020 fell for first time since 2016

Crude oil production in the United States increased in 8 of the past 10 years. In 2020, however, responses to COVID-19 contributed to the rapid decline in demand for refined petroleum products.

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A Key Fracking Indicator Just Hit Record Lows

Oil prices have staged an extraordinary rally in the last three months, rising by 50%. Biden’s presidency, the vaccine rollout, a weak dollar, low interest rates, no inflation, and hopes of more stimulus in the future have all played a part in sending oil prices higher.

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A Giant Flaw in Texas Blackouts: It Cut Power to Gas Supplies

When the Texas power grid was on the brink of collapse and its operator plunged thousands into darkness, it didn’t make an exception for the oil and gas field.

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