Rig Count May 1, 2017
US Rig Count is 1001 (+5) this week. Permit Count is 705 (-28) 56 rigs waiting to spud.
US Rig Count April 25 | Drill Baby Drill
US Rig Count is 996 (+48) this week. Permit Count is 733 (+101) 53 rigs waiting to spud. Advertise your business on Oilfield1
US Rig Count – April 17, 2017
US Rig Count is 948 (+18) this week. Permit Count is 632 (-55). 58 Rigs waiting to spud. [RigData] Checkout the Oilfield1 Store for awesome oilfield caps, shirts & more…
Rig Count April 10, 2017
US Rig Count is 930 (-2) this week. Permit Count is 687 (-27). 55 Rigs waiting to spud. [RigData] Checkout the Oilfield1 Store….
Rig Count April 3, 2017 | Drill Baby Drill
US Rig Count is 932 (+10) this week. Permit Count is 714 (-153). 78 rigs waiting to spud. RigData. Checkout the Oilfield1 Store….
Pioneer Energy Services Banks on Increased Activity in 2017
On February 17, 2017, Pioneer Energy Services (NYSE: PES) shared with investors its Q4’16 results and some details from its Q1’17 guidance. The company’s drilling rig utilization was 48% in Q4’16, up from 38% in Q3’16; for Q1’17, utilization is expected to increase to 70-73%. Forty-one percent of […]
Rig Count 3/28/17
US Rig Count is 877 (+ 17) this week. Permit count is 896 (+93). 50 rigs waiting to spud. [RigData] Checkout the Oilfield1 Store….
Patterson-UTI Increases Average Rig Count, Moves Closer to Merger
On February 9, 2017, Patterson-UTI Energy, Inc. (NASDAQ: PTEN) reported financial results for the three months and twelve months ended December 31, 2016. In the fourth quarter of 2016, Patterson’s average rig count in the United States increased by six to a total of 66 rigs. As a […]
Sanchez Energy Expects to Double Production in 2017
Sanchez Energy Corporation (NYSE: SN) had a blockbuster 2016, partnering with Blackstone the companies acquired Anadarko’s acreage in the Eagle Ford which is expected to close in the first quarter of 2017. This acquisition adds 132 DUCs, 3,400 drilling locations and 67,000 net Boe per day. The company optimized […]
Oil Prices Drop $4 In Last 48 Hrs.
Oil prices have dropped over $4 In the last 48 hours bringing the price of oil below $50 a barrel. This is the lowest oil prices have been since last November as crude has held steady over $52-$54 in the last 6 months. Some experts claim this is […]
