Drilling:

U.S. Rig Count Sees Record 21st Consecutive Weekly Gain

The U.S. drilling rig count increased for the record 21st consecutive week, oilfield services firm Baker Hughes reported on Friday June 9. Overall, the U.S. rig count rose by 11 to 927, a total that…

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Driller Sees Success Converting Vertical Wells to Horizontal

The oil patch version of teaching an old dog new tricks is resulting in success for one San Antonio-based oil company. “When we acquired Brushy Resources, it had some vertical wells,” said Avi Mirman, chief…

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New U.S. Drilling Permits Surged in March

New drilling permits issued across the United States climbed by almost 4,000 in March, the largest increase in 18 months, Evercore ISI said Tuesday. The number of newly issued U.S. drilling permits has increased steadily…

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Permian Leads Continued Growth in U.S. Rig Count

Oilfield services firm Baker Hughes reported the U.S. rig count continued to increase, with the tally rising by 15 to 839 for the week ended April 7. Most of the growth during the week came…

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Oklahoma Companies Detail Local Drilling Plans

Buoyed oil prices and a generally stronger industry have led oil companies to begin expanding drilling programs throughout Oklahoma and the region. Oil prices have retreated a bit this month as domestic storage levels have…

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Texas Drilling Permits Rising as Industry Recovers

The state of Texas approved almost 1,000 oil and gas drilling permits in February, as the industry responds to higher oil prices and slowly moves toward a recovery. The Railroad Commission of Texas, the state’s oil…

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