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Oil prices up, but Eagle Ford rig count continues to fall

2015-05-04 06:53:12| Oil & Gas - Topix.net

Crude oil prices are trading above $59 per barrel for the first time since December, but new drilling activity continues to fall in the Eagle Ford and other shale regions. West Texas Intermediate crude prices have been recovering all week, reaching a high above $59 per barrel, but higher prices have not yet materialized in more drilling activity.

Tags: prices fall count oil

 

US oil and natural gas rig count drops by 27 to 905

2015-05-01 21:32:34| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 27 this week to 905 amid depressed oil prices. Houston-based Baker Hughes said Friday that 679 rigs were seeking oil and 222 explored for natural gas.

Tags: to natural count gas

 
 

Oil holds above $65 on declined rig count in US

2015-04-27 01:00:00| Offshore Technology

The price of Brent crude oil remained above $65 a barrel today, after indications that US shale production may have started to drop.

Tags: in us count oil

 

Drilling down: Texas job numbers tank as oil price, rig counts fall

2015-04-25 16:42:52| Oil & Gas - Topix.net

Texas in March ended its impressive 53-month streak of positive job creation, and much of that had to do with the oil price collapse and rig count decline. The number of U.S. oil rigs in use fell by 26 to 734 for the week ending April 17, according to data from oil-driller Baker Hughes .

Tags: price job fall numbers

 

US oil and natural gas rig count drops by 22 to 932

2015-04-24 20:51:11| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 22 this week to 932 amid depressed oil prices. Houston-based Baker Hughes said Friday 703 rigs were seeking oil and 225 explored for natural gas.

Tags: to natural count gas

 

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