Strongest earthquake in 10-years stirs up debate in Texas The Texas Railroad Commission banned injection of wastewater from well drilling into deep wells just before the big quake Shutting down Continue Reading
The number of active drilling rigs in the United States remained unchanged this week, keeping the total rig count at 586, as oil prices remain relatively strong despite the fresh Continue Reading
Highlights Permian falls by five rigs, leaving 300 Haynesville at 63, highest since April 2019 Eagle Ford, Marcellus, Utica stagnant The US oil and gas rig count fell by 13 Continue Reading
Oil drillers in the biggest U.S. fields are shouldering record costs at the same time that some banks are increasingly reluctant to loan money to the sector, according to the Continue Reading
U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending December 24, 2021 which was 115,000 barrels per day less than the previous week’s average. Continue Reading
Internal rates of return have fallen this month across both oil and dry gas basins in the US, yet the rig count has increased steadily throughout December despite lower commodity Continue Reading
Oil drillers in the biggest U.S. fields are shouldering record costs. Oil drillers in the biggest U.S. fields are shouldering record costs at the same time that some banks are Continue Reading
The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh wave Continue Reading
The fracking industry has often been criticized for its tremendous water usage. Plasma Pulse Technology is a new fracking tech that requires no chemicals or water. Its developers describe it Continue Reading
A new, fully automated, oil and gas rig recently made its debut in the Permian Basin. The rig uses digital technology and Canrig robotics to ‘man’ the platform. Other robotic Continue Reading
