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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

Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs

Comstock Resources’ eighth new far western Haynesville wildcat came on at 31 MMcf/d—while still cleaning up—and three more wells are expected to come online in the coming weeks.

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Archrock (NYSE:AROC) is the Top Pick in the Compression Sector

Another factor is the frac spread count, which tracks completion activity. This has been a bit more stable. The rig count reflects wells drilled, but the frac spread count reflects completed wells and ultimately production.

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U.S. Oil Drilling Activity Stalls

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday.

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‘Oil prices to slip further, driven by weak demand’ - Rizvi

Osama Rizvi, Energy Market Analyst at Primary Vision, explains why, all things being equal, $70 a barrel could be in sight.

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US Oil, Gas Drillers Add 1 More Rig As Production Plummets

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.

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US Oil, Gas Drillers Add 1 Rig Despite Freezing Temps

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.

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Mean Reversion - Crude-To-Gas Ratio Falls Back to Long Term Average

After spending most of 2023 in the stratosphere, the crude-to-gas ratio has reverted to the mean.

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More Drilling Slowdowns for U.S. Oil, Gas Industry

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday.

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U.S. Sees Minor Uptick in Oil Rigs

The total number of active drilling rigs in the United States rose this week by 2, according to new data that Baker Hughes published on Friday.

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The United States has reduced its drilling activity

Thus, The total number of platforms fell to 624 this week, Since the same time last year, Baker Hughes estimates the loss of 160 active drilling rigs.

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U.S. Rig Count Hits 620: Down 157 from Last Year

The total number of active drilling rigs in the United States fell again this week, by 3, falling by a total of 2 over the last four weeks, according to new data that Baker Hughes published on Thursday.

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U.S. Drillers Cut Drilling Activity Amid Stabilizing Oil Prices

The total number of active drilling rigs in the United States fell by 2 this week after climbing by 10 over the course of the last four weeks, according to new data that Baker Hughes published Friday.

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Oil Rig Count Sees Small Loss As WTI Recovers To $70

The total number of active drilling rigs in the United States rose by 1 this week after rising by 3 last week, according to new data that Baker Hughes published Friday.

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New U.S. Oil Drillers Surpass Expectations Amid OPEC+ Production Cuts

According to the latest data released by Baker Hughes on Friday, the total number of active drilling rigs in the United States increased by 3 this week, following a rise of 4 rigs last week.

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U.S. Oil Drillers See More Gains As OPEC+ Agrees to Cut Production

The total number of active drilling rigs in the United States rose by 3 this week after rising by 4 last week, according to new data that Baker Hughes published Friday.

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KLX Energy Services Beats Expectations with Strong Q3 Performance

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) has reported better-than-expected earnings for the third quarter of 2023, exceeding analysts’ expectations.

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U.S. Oil Drillers Add 1 Rig As Rut Continues

The total number of active drilling rigs in the United States rose by 1 this week after climbing by 2 last week, according to new data that Baker Hughes published Friday, as drillers continue to operate with restraint.

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U.S. Oil Rigs Decrease for Second Week Running, Gas Rigs Rise

Baker Hughes reported that the total active drilling rigs in the US dropped by 4 this week, accumulating a loss of 160 rigs in 2023.

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Oil, Gas Drilling Slows To 19-Month Low In U.S.

The total number of active drilling rigs in the United States fell by 11 this week, after seeing a brief 9-rig rise last week, according to new data from Baker Hughes published Friday.

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Goldman Sachs predicts oil price to hit $100 on OPEC cuts

Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research has said.

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Rig Count Sees Small Gain As WTI Holds At $87

The total number of active drilling rigs in the United States rose by 1 this week, according to new data from Baker Hughes published Friday.

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Rig Count Sees Small Gain As WTI Holds At $87

The total number of active drilling rigs in the United States rose by 1 this week, according to new data from Baker Hughes published Friday.

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Goldman Sachs predicts oil price to hit $100 on OPEC cuts

Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research has said.

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