U.S. energy firms this week added oil and natural gas rigs for a second week in a row as demand for energy keeps growing after last year’s coronavirus demand destruction. Continue Reading
The number of active drilling rigs in the United States this week rose by 3, according to Baker Hughes . The total rig count rose to 579—a figure that is Continue Reading
The US oil and gas rig count jumped 16 to 716, energy analytics and software company Enverus said Dec. 16, with the Permian by far recording the biggest weekly domestic Continue Reading
The shale boom has been criticized for years due to its water-intensive fracturing technique. The risk of aquifer contamination may be overblown, but fracking’s water usage, especially in arid environments, Continue Reading
High decline rates, and a falling number of DUCs could incentivize drillers to ramp up drilling in the first half of 2022 Land drillers have lagged the rest of the Continue Reading
Crude production in the Permian Basin is expected to surpass a pre-pandemic high this month as a rebound in the U.S. shale industry fuels activity in its most prolific patch. Continue Reading
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Permian makes up 74% of increase Eagle Ford is 14% of climb, Bakken 8% Mounting output due to rising rig counts US unconventional oil output is poised to rise by Continue Reading
The current record of 4.91 million barrels a day was set in March 2020. Crude production in the Permian Basin is expected to surpass a pre-pandemic high this month as Continue Reading
U.S. drillers this week added oil and natural gas rigs for the sixth time in seven weeks as demand for energy keeps growing after last year’s coronavirus demand destruction. That Continue Reading
