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Lower 48 Production Nears Cycle Highs As Rig Count Rises For 18th Straight Week

While much was made of this week's drop in US crude production, it was driven by .....»»

Category: blogSource: zerohedgeMay 19th, 2017

US Oil Rig Count Rises For 17th Straight Week As Crude Production Nears Record Highs

For the 17th week in a row, the number of US oil rigs rose (by 9 to 712) but US gas rigs fell. *U.S. OIL RIG COUNT UP 9 TO 712 , BAKER HUGHES SAYS :BHI US *U.S. GAS RIG COUNT DOWN 1 TO 172 , BAKER HUGHES SAYS :BHI US Texas saw an.....»»

Category: blogSource: zerohedgeMay 12th, 2017

US Crude Production Hits 21-Month Highs As Rig Count Rises For 19th Straight Week

For the 19th week in a row, the number of US oil rigs rose (up 2 to 722). This is the largest number of oil rigs since April 2015 .....»»

Category: blogSource: zerohedgeMay 26th, 2017

Rig Count Rises For 16th Straight Week; Leads US Crude Production Near Record Highs

The US oil rig count has now risen over 120% from its May 2016 lows, having dropped only .....»»

Category: blogSource: zerohedgeMay 5th, 2017

WTI Holds Below $48 As US Oil Rig Count Rises For 20th Week In A Row

Leading crude production to 21-month highs, the number of US oil.....»»

Category: blogSource: zerohedgeJun 2nd, 2017

Oil-rig count rises for 18th straight week

The US oil-rig count rose by eight to 720 this week, according to oilfield services giant Baker Hughes.  This extended the longest streak of r.....»»

Category: topSource: businessinsiderMay 19th, 2017

Futures Movers: Oil tilts lower as traders eye U.S. crude output

Data showing that U.S. oil-rig count rose for the 13th straight week raises concerns over growing domestic crude production, ahead of a monthly forecast on shale output......»»

Category: topSource: marketwatchApr 17th, 2017

US Crude Production Nears 10-Month Highs As Rig Count Soars Most In Over 6 Years

Following last week's massive 29 rig jump in the US oil rig count (the largest since April 2013), Baker Hughes reports another 15 rig surge to 566 in the last week (with the entire rise dominated by horizontal/Permian rigs). US Crude production c.....»»

Category: blogSource: zerohedgeJan 27th, 2017

US Crude Production Rises As Rig Count Reaches 10-Month Highs

For the 24th week of the last 26, oil rigs rose (by 2) to 474, the highest since January 2016. US crude production rose again last week tracking the lagged trend of rising rig counts in the US.     Notably US crude production looks set to rise .....»»

Category: blogSource: zerohedgeNov 23rd, 2016

US Oil Rig Count Rises For 16th Straight Week To 8-Month Highs

With crude having rolled over, back to pre-inventory-data levels, hovering around $50, Baker Hughes reports the US oil rig count rose 4 to 432 - the 16th weekly rise in a row to th ehighest in 8 months.   US Oil Rig count data has risen for 16 straig.....»»

Category: blogSource: zerohedgeOct 14th, 2016

US Oil Rig Count Rises For 15th Straight Week To 8 Month Highs

WTI Crude prices are holding below $50 as the US oil rig count rose for the 15th straight week. Up 3 to 428, this is the highest since Feb 2016...  .....»»

Category: blogSource: zerohedgeOct 7th, 2016

WTI Extends Losses As US Oil Rig Count Rises To 7-Month Highs

With oil prices plunging after Saudis stole the jam out of the oil freeze hopers donut, US oil rig count (at seven month highs) rose 2 to 416 (the 13th week in a row) and the total rig count rose to 511.   Rig count has risen for 13 straight weeks to.....»»

Category: blogSource: zerohedgeSep 23rd, 2016

WTI Crude Slides As Oil Rig Count Rises To 7-Month Highs

Following a week of supply concerns and inventory anxiety, crude prices have slipped notably lower, more potentially bearish news just hit with Baker Hughes reporting the oil rig count rose 2 to 416 - up for the 12th week in a row. This is the highest in .....»»

Category: blogSource: zerohedgeSep 16th, 2016

US oil rig count rises for the 23rd straight week

The US oil-rig count rose by 11 to 758, according to oilfield-services company Baker Hughes. The oil-rig count has risen for 23 straight weeks, extending a record-long streak of incr.....»»

Category: topSource: businessinsiderJun 23rd, 2017

US Oil Rig Count Rises For 23rd Straight Week But High Costs Drive Investors Out Of The Permian

The number of oil rigs in America has now risen for 23 straight weeks (a.....»»

Category: blogSource: zerohedgeJun 23rd, 2017

US oil-rig count rises for the 22nd straight week

AP/Hasan JamaliThe US oil-rig count rose by six to 747, according to oilfield-services company Baker Hughes. The oil-rig count has risen for 22 straight weeks, e.....»»

Category: topSource: businessinsiderJun 16th, 2017

US oil-rig count jumps for record 21st week in a row

Ted S. Warren/APThe US oil-rig count rose for a 21st straight period this week, the longest streak in at least three decades, underscoring that robust shale production .....»»

Category: topSource: businessinsiderJun 9th, 2017

US oil-rig count rises for 20th straight week, Baker Hughes says

US oilfield-services companies added oil rigs for a 20th straight period last week, un.....»»

Category: topSource: businessinsiderJun 2nd, 2017

U.S. oil-rig count rises for a 19th straight week, but rise is modest

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil climbed by 2 to 722 rigs this week. That marked a 19th weekly rise in a row, but the increase was the smallest w.....»»

Category: topSource: marketwatchMay 26th, 2017

Oil-rig count rises for 19th straight week

Ted S. Warren/APThe US oil-rig count rose by two to 722 last week, according to oi.....»»

Category: topSource: businessinsiderMay 26th, 2017

Baker Hughes reports 18th straight weekly rise in the U.S. oil-rig count

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil climbed by 8 to 720 rigs this week. The latest data marked an 18th weekly rise .....»»

Category: topSource: marketwatchMay 19th, 2017