Repsol announced a new hydrocarbon discovery in the TB14 well at the Teak field, off the southeast coast of Trinidad. The discovery in the northern part of the Teak B field is estimated to contain more than 40MMbo in place, which increases…
Baker Hughes issued the June 2014 international rotary drilling rig count this week, showing a total of 1344 rigs operating outside the US & Canada in June. International activity was down 6 rigs from the 1350 rigs drilling in May 2014…
Baker Hughes issued the May 2014 international rotary drilling rig count today, showing a total of 1024 rigs operating outside the US & Canada. International activity in May was up 4 rigs from the 1020 rigs drilling in April and up 68…
Today's Baker Hughes North American offshore rotary rig count listed 58 rigs operating this week, down 2 rigs from a week ago but up 2 rigs from a year ago (4% year-over-year increase). Gulf of Mexico The majority, 56 rigs, are working in the Gulf of Mexico…
Today's Baker Hughes North American offshore rotary rig count listed 60 rigs operating this week, up 3 rigs from a week ago and up 9 rigs from a year ago (18% year-over-year increase). The majority, 58 rigs, are working in the Gulf of Mexico…
Baker Hughes has announced its weekly rig count for the US and Canada. US: The US Rig Count is unchanged from last week at 1831, with oil rigs down 7 to 1510, gas rigs up 6 to 316, and miscellaneous rigs up 1 to 5. US Rig Count increased by 73 rigs from last year to 1758…
The Baker Hughes rig count for the week ending 28 Feb reported that the US is down two rigs from last week to 1769. Both of the rigs were drilling offshore, bringing the total to 55—and a year over year increase of three. Land-based rigs…
The US rig count increased by seven to a total of 1771 for the week of 21 Feb 2014, according to Baker Hughes Inc. This is an increase of 10 rigs from last year, and seven from the previous week. Of the total, 1425 vessels are exploring for oil…
Baker Hughes Inc. rotary rig count shows 61 rigs active offshore US for the last two weeks, up 10 rigs from a year ago (19.6% year-over-year increase). This includes 55 rigs working off Louisiana (up from 47 a year ago), 2 rigs off Texas (up from 1 rig)…
Baker Hughes North America rotary rig count, released 13 Dec 2013, shows 59 drilling rigs operating offshore US, down 2 from 61 a week ago, but up 10 from a year ago. This includes 53 rigs working offshore Lousiana and 2 rigs each off California…
Oilfield services company Archer is to cut staff and close some bases as part of a restructuring plan. The firm, which provides drilling and well services, said to accelerate margin improvements and adapt to the “highly competitive North American land market”…
Baker Hughes drilling rig count for 22 Nov 2013 shows 57 rigs drilling off the US, including two rigs each off California and Florida, three off Texas, and 50 off Louisiana. This is three fewer than last week, but four more rigs drilling offshore than a year ago…
60th Annual Census: North American rig fleet gains while activity level drops. In the U.S. and Canada, additions to fleets increased availability, while activity decreased. The global offshore mobile fleet posted another modest gain, with 42 newbuilds entering service in the last year…
BP announced that it increased its fleet on Tuesday, announcing that it added two drilling rigs to the deepwater Gulf of Mexico (GOM). BP’s count now stands at nine rigs - a company record. Following the end of its year-long moratorium imposed in 2010…
Baker Hughes Inc. has introduced the Baker Hughes Well Count, a new index that provides key U.S. onshore well count data. The proprietary count will be available on a quarterly basis. The Baker Hughes Well Count is a natural extension of the Baker Hughes Rig Count…
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