Statistics:

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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Oil Rigs Jump in 20th Consecutive Weekly Count Gain

The number of drilling rigs exploring for crude oil jumped, fueling the 20th consecutive weekly gain for the U.S. rig count, oilfield services firm Baker Hughes reported on June 2. Overall, the U.S. rig count…

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Colorado Leads Continued Gains in U.S. Rig Count

The U.S. drilling rig count increased for the 19th consecutive week, oilfield services firm Baker Hughes said on May 26. The overall count rose by 7 for the week and now stands at 908, an…

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Feds Estimate Permian’s Spraberry Holds 4.2B Barrels of Oil

Just how significantly technology has altered the Permian Basin’s oil and gas riches was made clear with the release of the U.S. Geological Survey’s just-completed assessment of the Spraberry formation. The USGS estimates the Spraberry…

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U.S. Rig Count Soars by 16 to Over 900

The U.S. drilling rig count rose by 16 during the week to  901, oilfield services firm Baker Hughes said on May 19. It was the 18th consecutive gain for the closely-watched weekly rig count. Over the…

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Dallas Fed: Oil & Gas Sector Recovery Apparent

An improved market climate in the energy sector means Texas is well on the road to recovery with job gains up for the third straight month, a bank reported. “The oil and gas sector continued…

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