Tag: Baker Hughes

Oklahoma’s rig count is steady while US saw increase

U.S. Rig Count Rises as Oklahoma Holds at 41 National Rig Count Update While Oklahoma’s rig activity was unchanged in the past week, the nation saw a gain of 5 oil and gas rigs to reach a total of 549, according to the latest Baker Hughes Rig Count released on Friday. The national report indicated …

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State’s oil plays still see lots of rig activity

Oklahoma Rig Activity Holds Steady as U.S. Sees Sharper Declines Oklahoma’s oil and gas activity held mostly steady in the latest Baker Hughes rig count, showing only a minimal shift even as several major U.S. basins experienced notable declines. Oklahoma Play-by-Play Oklahoma recorded 41 active rigs, down by just one from the previous week. Even …

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Increased rig activity in Oklahoma and the U.S.

  The latest Baker Hughes Rig Count released on Friday showed Oklahoma with a gain of one rig in its oil and gas activity while the U.S. gained 5 for a total of 554 rigs across the country. Oklahoma increased to 42 rigs while one year ago, the count stood at 44 active rigs. The …

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Why are rig counts low? There’s an explanation

  U.S. rig counts remain low as production efficiencies improve Data source: Baker Hughes Company Note: Excludes any miscellaneous rigs The average number of active rigs per month that are drilling for oil and natural gas in the U.S. Lower 48 states has declined steadily over the past few years from a recent peak of 750 rigs …

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Oklahoma oil plays saw drop in rig activity

The latest Baker Hughes Rig count showed losses in two of Oklahoma’s plays where there had been significant activity. The Cana Woodford, according to the report, dropped 3 rigs leaving a total of 17 still active in the western Oklahoma play. The Granite Wash, another active play, saw its count drop by one to 12 …

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Few changes seen where rigs are drilling in Oklahoma

    Oklahoma went another week with no change in its active oil and gas exploration, according to the most recent Rig Count released by the Baker Hughes Co. The state’s count of 42 was unchanged from the previous week although there were changes in the different oil and gas plays in the state. The …

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Natural gas rig numbers on the rise in the US

  A weekly gas report from the Energy Information Administration shows the expansion of natural gas drilling efforts across the U.S. and reflects how interest has resulted in a growth in the number of gas-drilling rigs compared to those drilling for oil. Rig Count According to Baker Hughes, for the week ending Tuesday, October 28, …

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Oil and gas rig numbers increased across the US

  While the number of oil and gas rigs across Oklahoma was unchanged over the past week, the count grew to 548 across the U.S. The latest Baker Hughes Rig Count, released on Friday, showed a gain of 2 rigs for the national total. The number of oil rigs was unchanged at 414 while there …

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Rig count dropped nationally but was unchanged in Oklahoma

The U.S. Rig Count fell by four in the past week, leaving 546 active oil and gas rigs still breaking the plains of energy-producing states, reported Baker Hughes Co. on Friday. The weekly rig count remains one of the most closely-watched indicators in energy markets because of how drilling levels shape future supply exposure. Every …

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Western Oklahoma rig numbers remain steady

Oklahoma Rig Count Shows Strength Amid National Growth The latest Baker Hughes rig report revealed that while U.S. drilling activity rose this week, Oklahoma’s oil and gas rig count stayed firm. The stability shows continued operational confidence in key Oklahoma energy plays despite shifting numbers nationwide. The Cana Woodford remained the most active play in …

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