Sentences with phrase «total rig count»

With one miscellaneous rig remaining in use, the total rig count was up 12 to 741.

With miscellaneous rigs unchanged at two, the total rig count rose by 11 to 508.

Not exact matches

U.S. drillers added five oil rigs in the week to April 27, bringing the total count to 825, the highest since March 2015, General Electric's Baker Hughes energy services firm said.

U.S. drillers added five oil rigs looking for new production in the week to April 27, according to energy services firm Baker Hughes, bringing the total count to a March 2015 high of 825.

U.S. drillers added five oil rigs drilling for new production in the week ending April 20, bringing the total count to 820, the highest since March, 2015, according to General Electric's Baker Hughes energy services firm.

Miscellaneous rigs were unchanged at two, while the gas rig count rose six to 114, taking the total up four to 557.

Total active rig counts bottomed at 404 during the height of the oil - price collapse in 2016.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

The active rig count fell by one last week to a total of 935.

The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.

The total active rig count, fell to 857.

Total frack sand demand in the 90 million to 100 million ton range assuming a flat rig count, a 15 % -20 % increase in sand per well, and completion of several DUC (drilled, uncompleted) wells.

Basin Rig count (NOV) Oil production / rig Total Dec prod (m / b / d) Permian 462 82 1.334 Bakken 174 480 1.000 Eagle Ford 283 408 1.226 Niobrara 100 312 0.275 Total 3.84 million b Rig count (NOV) Oil production / rig Total Dec prod (m / b / d) Permian 462 82 1.334 Bakken 174 480 1.000 Eagle Ford 283 408 1.226 Niobrara 100 312 0.275 Total 3.84 million b rig Total Dec prod (m / b / d) Permian 462 82 1.334 Bakken 174 480 1.000 Eagle Ford 283 408 1.226 Niobrara 100 312 0.275 Total 3.84 million b / d