ExxonMobil, EOG Top List of U.S. Land Drilling Customers as Natural Gas Prices, Rig Counts Slump
ExxonMobil was the top U.S. land drilling customer by footage during the first quarter of 2024, according to new data from Enverus.
Articles tagged Onshore
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SLB Forecasting ‘Durable’ Natural Gas, Oil Activity, with Growth Offshore, Overseas
Exploration and production companies are investing billions to expand their natural gas and oil development in the global offshore, including the U.S. Gulf of Mexico, as Lower 48 activity flattens, SLB Ltd. CEO Olivier Le Peuch said Friday.
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Permian, Powder River, Eagle Ford Drive Sharp Gains in Lower 48 Natural Gas, Oil Permitting
Lower 48 oil and gas permitting activity surged in March, driven by plays including the Permian and Powder River basins, and the Eagle Ford Shale.
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Global E&P Capex in 2022 Led by U.S. E&Ps, with Privates Playing ‘Outsized Role’
The U.S. exploration and production (E&P) sector is increasing its capital spending in 2022 for the first time in four years, while Canada is set to remain near multi-decades lows, according to Evercore ISI.
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U.S. E&Ps Poised to Lead Global Spending in 2022, with 23%-Plus Hike in Capex
The U.S. exploration and production (E&P) sector is increasing its capital spending in 2022 for the first time in four years, while Canada is set to remain near multi-decades lows, according to Evercore ISI.
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Lower 48 Plays to Continue Ratcheting Up Natural Gas, Oil Output in December, EIA Says
Led by growth out of the Haynesville Shale, natural gas production from seven key U.S. onshore regions is set to climb from November to December, according to updated projections from the Energy Information Administration (EIA).
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Natural Gas Drilling Picks Up in U.S. as Activity Climbs Onshore and in GOM
The U.S. natural gas rig count rose two units to 102 for the week ended Friday (Nov. 12) as gains both on land and offshore headlined continued gains in domestic drilling activity for the period, the latest Baker Hughes Co. (BKR) data show.
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Texas Oil, Gas Permitting Continues Recovering and California Requests Rising
The monthly U.S. oil and gas permit count was nearly flat in September from August, with activity in the Eagle Ford Shale and some smaller Lower 48 plays offsetting declines in the Powder River and Permian basins, according to Evercore ISI.
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Permian Activity Rises as U.S. Oil Patch Expands Further
Another week of expansion in the oil patch, led by the Permian Basin, lifted the U.S. rig count five units higher to 533 for the week ended Friday, according to the latest figures published by Baker Hughes Co. (BKR).
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Wyoming Groups Aiming to Speed Up Resumption of Federal Oil, Natural Gas Leasing
Wyoming’s two main oil and gas trade groups are seeking to expedite the resumption of oil and gas leases on federal property by the Department of the Interior (DOI).