Eurasia Journal News

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%. …

READ MORE →
Eurasia Journal News

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 …

READ MORE →
Eurasia Journal News

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 …

READ MORE →
Eurasia Journal News

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 …

READ MORE →
Eurasia Journal News

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 …

READ MORE →
Eurasia Journal News

The Number of Oil and Gas Drilling Rigs in the World Increased in July

The number of active oil and gas drilling rigs around the world rose by 20 in July compared to June, or 1.1%, to 1820, according to data from the American oil and gas service company Baker Hughes. In annual terms, the number of operating drilling rigs increased by 45, or …

READ MORE →
Eurasia Journal News

U.S. Drilling Rig Count Rises For First Time in Ten Weeks

The number of operating oil and gas drilling rigs in the United States in the reporting week increased for the first time in the last 10 weeks. This was facilitated by the strongest increase in the number of active gas drilling rigs since October 2016. This was announced on Friday …

READ MORE →
Eurasia Journal News

The Number of Oil and Gas Drilling Rigs in the World Increased in June

The number of active oil and gas drilling rigs around the world rose by 17 in June compared to May, or 1%, to 1,800, according to data from US oil and gas service company Baker Hughes. In annual terms, the number of operating drilling rigs increased by 94, or 5.4%. …

READ MORE →
Russia Oil Gas Magazine

Introducing the NOV Kostroma Train Rig!

National Oilwell Varco’s Russia/CIS manufacturing facility located in Kostroma, Russia is nearing the completion of its first extreme cold weather drilling rig, the Kostroma train rig. The Kostroma Train Rig was designed by NOV rig engineers in Russia, the USA, and Canada with significant experience designing drilling rigs for the …

READ MORE →
Russia Upstream Magazine

RPI: Drilling Quality, Not Quantity

In the Russian Federation 2014 became very significant in respect of qualitative change in the situation in the local drilling market. Firstly, the forecasts, only recently predicting fast growth of the open drilling market, did not come true. On the contrary, starting from spring of 2014 Rosneft built up its …

READ MORE →