New Regulations In Permian Could Deter Drilling
The EPA is considering a new label for parts of the Permian Basin that could deter or slow oil and gas drilling in certain parts of the prolific Permian Basin. Continue Reading
U.S. Drillers Add 10 Oil Rigs As Permian Takes The Lead
The number of total active drilling rigs in the United States rose by 13 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading
Dallas Fed: Surging Costs Hamper U.S. Shale Growth
The business activity index in the energy firms operating in Texas, northern Louisiana, and southern New Mexico jumped in the second quarter to the highest level in six years, but Continue Reading
U.S. drillers add oil and gas rigs for second week in a row, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for a second week in a row as crude production returned to pre-pandemic levelsand President Joe Biden slammed oil Continue Reading
U.S. Drillers Add 7 Rigs Amid Oil Price Slide
The number of total active drilling rigs in the United States rose by 7 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading
Permian oil output forecast to hit record high in June -EIA
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 84,000 barrels per day (bpd) to a record 5.316 million Continue Reading
American Shale Drillers Set To Boost Production In July
U.S. Shale production in the seven most prolific shale basins is set to increase 143,000 bpd in July to 8.91 million bpd, according to the Energy Information Administration’s latest Drilling Continue Reading
U.S. Oil Rig Count Jumps As Crude Holds At $120
The number of total active drilling rigs in the United States rose by 6 this week, after drilling increases stalled out in the week prior, according to new data from Continue Reading
US oil, gas rig count adds three on week for 821 as totals approach pre-pandemic levels: Enverus
No large rig adds; Marcellus loses 2, leaving 41 Rig count additions to appear to be slowing Despite high oil prices, the discipline still strong The US oil and gas Continue Reading
Permian Leaves Rivals Behind As Production Continues To Grow
All U.S. shale basins are expected to see growth this year. Permian is on track to account for about half of all U.S. output in 2023. The Permian has produced Continue Reading