U.S. oil and gas producers expect their borrowing ability to increase over the next few months leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas, a survey said. More than 80 percent of respondents to a survey by Haynes and Boone LLP […]
Welcome to the Oilfield1 Weekly Report. Providing you the latest U.S. oil prices, rig counts & more. Weekly Sponsor, Oilfield1 Store Current U.S. Oil Price: $63.40 US Rig Count: 1,132 (+21) Permit count: 1,106 (+114) Rigs Waiting to Spud: 34
U.S. shale drillers should pump another 131,000 barrels a day from six major plays this month, with the bulk of that coming from Texas’ Permian Basin and Eagle Ford Shale, the Energy Department said Monday. The Energy Information Administration projected that West Texas oil producers in the Permian […]
Our very first Oilfield1 Kids Photo Contest is underway. The photo with the most likes by Friday 14th wins. Please click on the link below to navigate to our Facebook page and vote on these adorable Oilfield Kids. Go to photo contest to vote
US Rig Count is 1001 (same) this week. Permit Count is 887 (+182) 51 rigs waiting to spud.
As the rest of the world recognizes Wednesday’s as the infamous “Hump Day.” Oilfield1 is officially making Wednesday’s “Pump Day” in tribute to one of the most iconic symbols in the oil & gas industry, the Pump Jack!!! Checkout this awesome Pump Jack photo taken by Carmen Robinson
