Page 21 - Rig Count News Today

The natural gas storage report from the EIA for the week ending January 15th indicated that the amount of natural gas held in underground storage in the US fell by 187 billion cubic feet to 3,009 billion cubic feet by the end of the week, which left our gas supplies just 36 billion cubic feet, or 1.2% higher than the 3,045 billion cubic feet that were in storage on January 15th of last year, but still 198 billion cubic feet, or 7.0% above the five-year average of 2,811 billion cubic feet of nat...

ResearchAndMarkets.com’s offering. The robotic drilling market is expected to record a CAGR of over 6% during the forecast period of 2020 – 2025. Factors, such as increased exploration activity and focus on development of new oil and gas fields in a risk free, cost efficient, and time efficient manner, are expected to help drive the market for robotic drilling systems. However, the volatile nature of oil prices in recent years, concerns over cyber security, and high initial cost have hamper...

U.S. rig count increased by 8 this week, at 346 This week’s Baker Hughes rig count shows that U.S. had an increase of 8 over last week, resulting in a total count of 346 rigs. Canada had a decrease of 9 over last week, resulting in a total Canadian count of 102 rigs.

12/14/2020 2:09:15 AM GMT | By Anil Panchal WTI fades bounce off $46.62 while printing mild losses. US dollar stays depressed even as policymakers reach closer to the covid stimulus. Worsening virus conditions, lack of major data/events probe energy traders near multi-day high. WTI drops to $46.71, down 0.05% intraday, during Monday’s Asian session. The energy benchmark keeps Friday’s losses amid the fresh coronavirus (COVID-19) woes emanating from th...

Economics. its what is driving everything we do. clayton: since the election, pay for the lowest income americans is rising faster than other groups with a 3.4% pay gain for lower income workers and the stock market continues to rise. ainsley: here to break it all down for us is the host of varney and company on the fox business network mr. stuart varney. stuart, break down all these economic gains we are talking about this morning. >> first of all, no success on healthcare, no success on taxes ...

Not for everyone but for 75% of americans it is. >> what kind of an impact have you seen from the slide in oil prices? energy obviously is seeing massive cutbacks. youre seeing the rig count come down. how does that impact youx and what are you looking for in terms of impacts going forward? >> this is a cyclical business the energy business. were one of the largest -- were the largest energy lender in the company. we love that business. we have very talented people but that business has been cyc...