It would have been unthinkable a few months ago: ramping up production was the last thing U.S. shale drillers would do amid a hesitant price recovery and heavy uncertainty around Continue Reading
U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from Continue Reading
The number of oil and gas rigs in the United States rose by 6 this week, according to Baker Hughes —after falling by 11 last week. The total rig count Continue Reading
In search of higher prices, shale oil producers have reined in upstream capex over the last couple of years. Before 2019 they were focused on ever-increasing incremental production growth, and Continue Reading
Highlights Eagle Ford Shale gains 5 rigs to 48 SCOOP-STACK sees most rigs since April 2020 Permian loses 2 rigs; 4 major plays unchanged The US oil and gas rig Continue Reading
Since 2010, North Dakota’s oil industry has boomed, putting McKenzie on the map as the fastest-growing county in the U.S. Following a year and a half of pandemic, the state’s Continue Reading
The latest Texas Petro Index points to lower upstream oil and gas industry employment than other sources have published, the Texas Alliance of Energy Producers has revealed. The latest Texas Continue Reading
The number of oil and gas rigs in the United States fell by 11 this week, according to Baker Hughes —after rising by 5 last week. The total rig count Continue Reading
U.S. oil production has ticked up in recent weeks as shale producers drill more wells after going through a massive backlog of drilled but uncompleted wells (DUC). After DUC inventory Continue Reading
U.S. energy firms this week added oil and natural gas rigs for a fourth week, resulting in the 13th monthly increase in a row, even as a major storm approaches Continue Reading
