Stay updated with breaking news from Bakken Composite. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The US oil and gas rig count grew four in the week ending March 2, energy analytics and software company Enverus said, as Permian rigs continued to tick up amid oil prices that have risen 45% since the start of 2022. The Permian Basin of West Texas/southeast New Mexico rose by four rigs to 320, ...
North Dakota’s oil production jumped almost 49,000 b/d or 4% in November to a total roughly 1.16 million b/d, as activity in the state continues to increase, the state’s Oil and Gas Division said Jan. 14. At the same time, natural gas output also rose 73,000 Mcf/d, or 2.4%, to 3.072 Bcf/d. The production increases ...
For the week ending Jan. 6, the Enverus U.S. oil and gas rig count rose by one on the week... Continue reading
The US oil and gas rig count rose by one on the week to 707, energy analytics and software company Enverus said Jan. 6, as the eight largest domestic plays experienced flattish activity in the first days of 2022. Oil-directed rigs dropped one for the week ended Jan. 5, leaving 537, while rigs chasing natural ...
The US oil and gas rig count jumped 16 to 716, energy analytics and software company Enverus said Dec. 16, with the Permian by far recording the biggest weekly domestic gain. The week’s total rig count is the highest the total rig count has been since the first week of April 2020, when upstream producers ...