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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 Rig Count Ends Twelve Week Streak Of Gains As Oil Prices Slip

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week. The total number of active oil and gas rigs in the U.S. hangs at 397—or 394 fewer than this time last year.

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Freeze Shuts Fracking Down in Biggest U.S. Shale Basins

Fracking in America’s biggest shale basins has gone dark as 70% of U.S. completion crews wait for an historic freeze to thaw out before they can return to work.

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Liberty Oilfield Services: Activity Rebound Drives Quarterly Beat, But The Brighter Outlook Is The Real Highlight

Liberty (NYSE:LBRT) is a upper tier pressure pumper that recently closed a transaction with Schlumberger's (SLB) OneStim segment. Please see our last quarterly note here.

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RPC Makes A Cautious Start In 2021

At the start of 2021, RPC, Inc. (NYSE:RES) is moderately optimistic about the energy sector scenario change. In Q4, its operating margin improved significantly as some industry indicators exhibited a likely upturn in the near to medium term.

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Not Just Inflation: Supply Chain Problems Will Persist in 2022

There seems to be nothing new about this new year. We have an even worse wave of Covid-19 sweeping the globe, with governments reimposing restrictions, flights being canceled, and health infrastructure coming under pressure. Yet what is new is a realization that inflation isn’t transitory and that there is a need to raise interest rates—which the U.S. Federal Reserve will do, faster than previously thought.

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US oil, gas rig count leaps 15 on week to 722, but most big basins just add one: Enverus

The US oil and gas rig count leaped 15 to 722 on the week, energy analytics and software company Enverus said Jan. 13, as E&P operators took advantage of replenished new year capital budgets to resume a brisk pace of rig adds.

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Will Oil Demand Recover In 2021?

Oil prices are rallying aggressively on the back of Saudi Arabia’s surprise cut and optimism over the rollout of vaccines across the world. News of a new strain of COVID19, however, has hurt the prospect of a demand recovery in Europe. The big question now for analysts is what does 2021 hold for oil markets?

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US oil, gas rig count rises one on week to 707: Enverus data

The US oil and gas rig count rose by one on the week to 707, energy analytics and software company Enverus said Jan. 6, as the eight largest domestic plays experienced flattish activity in the first days of 2022.

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U.S. Rig Count Rises Alongside Oil Prices

The number of active drilling rigs in the United States rose by 2 this week, keeping the total rig count at 588, as oil prices remain strong despite the fresh wave of Covid-19 cases brought by the new variant of the coronavirus amid several oil disruptions around the globe, including in Libya, Ecuador, and Kazahkstan.

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Oil Price Rally May Not Last In 2021

Oil prices have staged an impressive rally with Brent crossing $50 for the first time since March 2020 and WTI almost touching $50.

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Oil, Gas Rigs Increase For Fifth Week In A Row

Baker Hughes reported on Wednesday that the number of oil and gas rigs in the United States rose by 2 to 348.

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Opinion: Biting the hand that feeds you - Virtue signaling against oil & gas

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US shale producers keep tight grip on purse strings

Higher oil prices signal a recovery in US oil production next year, but growth will be slow as shale firms keep a tight grip on spending.

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Rig Count Sees Largest One-Week Increase Since January

Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 12 to 338.

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Oil Rig Count Rises To Highest Level Since Mid-May

Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 5 to 246—the highest number of rigs since mid-May.

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Rig Count Rise Fails To Slow The Oil Price Rally

Baker Hughes reported on Wednesday that the number of oil rigs in the United States rose by 10 to 241, resuming its climb after a one-week decline last week.

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Thanksgiving Thursday Brings An End To The Oil Rally

Oil prices dipped on Thanksgiving Thursday, slipping from seven-month highs as Baker Hughes reported another increase in the number of available rigs

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Water management

At the reading of this column, we may know who our new President will be. There are many people who believe that depending on who the President is, our future as an industry will be changed.

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RPC Inc. Lingers But Is Not Far From A Recovery

RPC, Inc. (NYSE:RES) may keep its feet dragging for some more time, although its management is optimistic of a next-year recovery.

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U.S. Oil Rig Count Rises During Election Week

Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 5 to 226.

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Oil operators get DUCs in a row, adding fracking crews to boost output

DENVER (Reuters) - U.S. frackers have been bringing back equipment to boost production even with oil prices languishing around $40 a barrel, tapping into a backlog of drilled wells left uncompleted (DUCs) when oil prices crashed in the spring.

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Select Energy Services: Fortress Balance Sheet Assures Survival, Significant Upside Potential

This article on Select Energy Services (NYSE:WTTR) continues our series of oilfield microcap tickers that might be due for a rebound.

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Drilling And Fracking Accelerates Ahead U.S. Election

Ahead of what could be an industry-changing presidential election in the US, a Rystad Energy analysis reveals that drilling and fracking activity has accelerated.

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