Tag: Oil Rigs
Precision Drilling confident oil industry is stabilizing
Precision Drilling able to increase spot market pricing By Nia Williams CALGARY, Alberta, Feb 9 (Reuters) – Canadian rig contractor Precision Drilling Corp said on Thursday it was growing more confident that long-term stability is returning to the oil industry, and it expects to charge higher fees for its rigs if oil prices recover further. […]
US rig count down for the first week since June
Rig count in the Bakken shale in North Dakota up by five Oct 28 (Reuters) – U.S. oil drillers cut rigs this week for the first time since June, ending a 17-week recovery in the rig count, even as crude prices mostly held over $50 a barrel this month, the key level analysts said should lead […]
US rig count up by 11, extends streak of no-cuts into 17th week
US rig count up to 443, Canadian rig count down by 22 Oct 21 (Reuters) – The number of rigs drilling for oil in the United States this week rose by the most in two months, extending its second-best streak of no cuts into a 17th straight week, with analysts expecting more additions as crude […]
US rig count up: Most rigs since Dec in longest streak in 2 years
Rig count up by 15 in US, four in Canada Aug 12 (Reuters) – U.S. drillers this week added oil rigs for a seventh consecutive week, the longest recovery streak in the rig count in over two years, even as analysts revise down rig count growth forecasts and energy firms become more cautious the longer […]
US rig count drops by 13 in past week, Canadian count up by 23
Rig count by Baker Hughes HOUSTON_In its weekly rig count, Baker Hughes reported a drop in rig counts in the United States and an increase in rigs in Canada for a third consecutive week. The number of rigs searching for oil and gas in the United States this past week was 637, down from 650 […]
International rig counts down one-third since June 2014
Rig counts in Canada up by 49 since May, 2015 Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas internationally is down by over one-third since June of last year. Worldwide, the rig count for Latin America, Europe, Africa, the Middle East, Asia Pacific, United States and Canada is at 2,136, down […]
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