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Tag: rig
US Oil Rig Count Plummets Amid Cutbacks
2020-03-27 18:49:41| OGI
Drillers cut 40 oil rigs in the week to March 27, bringing down the total count to 624, the lowest since March 2017, energy services firm Baker Hughes Co. said in its weekly report.
Rig Counts Begin Falling As Shale Operators Cut Billions In Spending
2020-03-20 15:55:07| OGI
Survival mode has returned to the oil and gas sector, Wood Mackenzie says.
Tags: begin
cut
spending
falling
Pioneer Natural Resources Chops Spending By 45%, Cuts Rig Count
2020-03-16 22:44:48| OGI
The Dallas-headquartered Permian Basin player said March 16 it is lowering this years drilling, completion and facilities capital budget to between $1.6 billion and $1.8 billion
Tags: resources
natural
count
spending
US Oil Rig Count Rises For Second Week In A Row
2020-03-13 19:04:02| OGI
The U.S. oil drilling rig count rose for a second week in a row despite a massive drop in both oil and natural gas prices this week and projections by many analysts that the number of rigs will fall as producers deepen their spending cuts on new drilling.
Chart: Eastern Rig Count As Of March 13, 2020
2020-03-13 06:00:00| OGI
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
Tags: march
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eastern
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