The Number of Oil and Gas Drilling Rigs in The World Decreased in December
The number of operating drilling rigs for oil and gas production around the world in December decreased by 55, or 3.1%, to 1,739, according to data from the American oil and gas service company Baker Hughes. Over the year, the number of operating drilling rigs decreased by 95, or 5.2%. …
The Number of Oil and Gas Rigs in The World Increased for The Second Month in a Row in November
The number of active oil and gas drilling rigs in the world increased in November for the second month in a row, reported the American oil services company Baker Hughes. On average, 1,794 installations were operating in the world in November compared to 1,777 in October. At the same time, …
Baker Hughes Raises $3 Billion Credit Line
Baker Hughes Holdings LLC, a subsidiary of the American oilfield services company Baker Hughes Co., has attracted a revolving credit line of $3 billion for a period of five years, the parent company said in a statement on the website of the US Securities and Exchange Commission (SEC). Baker Hughes …
American Shale Producers are Ramping up Drilling
Bloomberg writes that drillers in US shale regions are again trying to recover from the decline in activity by increasing the number of oil rigs According to Baker Hughes, the number of oil rigs in the US immediately increased by 6 pieces to 500. This is the largest weekly increase …
The Number of Oil and Gas Rigs in the World Increased in October for the First Time in Three Months
The number of active oil and gas drilling rigs in the world increased in October for the first time in three months, according to the American oil services company Baker Hughes. On average, 1,777 installations operated worldwide last month compared to 1,760 in September. At the same time, the October …
The Number of Oil and Gas Drilling Sites in the World Fell to a 14-Month Low in September
The number of active oil and gas drilling rigs worldwide fell for the second month in a row in September and is now at its lowest level in 14 months. According to the American oil services company Baker Hughes, on average 1,760 rigs were operating in the world last month …
The Number of Drilling Rigs in the US Fell to the Level of December 2021
The number of oil and gas drilling rigs in the United States fell by seven to 694 in the week ending September 20. This is the lowest figure since the end of 2021. And this is not a “drawdown” somewhere in one place. Most basins in the US have either …
RN-Nyaganneftegaz Increased Requirements for Baker Hughes Oil Services to 28 Million
The Rosneft structure presented new losses to oil services New proceedings are beginning in the Arbitration Court of the Khanty-Mansiysk Autonomous Okrug between the oil company RN-Nyaganneftegaz LLC and the Baker Hughes oil service company. The well construction customer presented new demands to the contractor in the amount of about …
The Number of Oil and Gas Rigs in the World in August Fell for the First Time in 3 Months
In August 2023, the number of active oil and gas rigs worldwide fell in August for the first time in three months, according to US oilfield services company Baker Hughes. On average, last month there were 1,788 installations in the world compared to 1,820 in July. At the same time, …
The Number of Oil and Gas Drilling Rigs in the US Decreased in August
The number of active oil rigs in the US fell in August for the ninth consecutive month, while the combined number of active oil and gas rigs fell for the fourth month. This was announced on Friday at the oilfield service company Baker Hughes. The total number of active oil …