Updated Aug 30, 2024
8/30/24
Natural gas and oil executives are likely to “prudently navigate” through turbulent commodity prices this year before sailing into smoother seas heading into 2025, according to industry analysts.
Total active U.S. natural gas rigs decreased by one to 119 for the week ended Friday (Jan. 26), while an uptick in Permian Basin activity helped lift the combined domestic tally one rig overall to 621, according to the latest count from Baker Hughes Co. (BKR).
U.S. exploration companies have expressed uncertainty about the direction of the energy markets this year, but one thing they are sure about is natural gas-powered pressure pumping fleets, which should support “durable, multi-year” opportunities, top oilfield executives said.
Including gains in the Marcellus Shale, the U.S. natural gas rig count climbed three units to 120 for the week ended Friday (Jan. 19), according to the latest tally from Baker Hughes Co. (BKR).
The U.S. natural gas rig count fell two units to 118 for the week ended Friday (Jan. 5), including a small decrease in activity in the Haynesville Shale, according to data from oilfield services provider Baker Hughes Co. (BKR).
The U.S. natural gas rig count held steady at 120 for the week ended Friday (Dec. 29), while the overall domestic drilling total nudged two units higher to 622 amid gains in oil activity, according to the latest numbers from Baker Hughes Co. (BKR).
The U.S. natural gas rig count added one unit to climb to 120 for the week ended Thursday (Dec. 21), while declines in the oil patch helped drop the overall domestic tally by three to 620, according to the latest figures from Baker Hughes Co. (BKR).
Natural gas producer TG Natural Resources LLC (TGNR) has entered a deal to acquire fellow Haynesville Shale heavyweight Rockcliff Energy II LLC for $2.7 billion.
The U.S. natural gas rig count held steady at 119 for the week ended Friday (Dec. 15), while the overall number of domestic rigs eased lower on a slowdown in oil-directed activity, according to updated figures from Baker Hughes Co. (BKR).
The U.S. natural gas rig count climbed three units to 119 for the week ended Friday (Dec. 8), including an uptick in Haynesville Shale activity, the latest figures from Baker Hughes Co. (BKR) show.