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U S Drilling Activity Slips Further As Oil Prices Rise

The number of oil rigs saw a small hike this week as Brent crude rallied past $90 per barrel, but the number of gas-directed rigs dropped

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U S Drilling Activity Slips Again

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes

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U S Oil Drilling Sees 6-Rig Gain

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.

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Chesapeake Energy to reduce Haynesville, Marcellus rig count following Southwestern natural gas megadeal

Chesapeake is currently operating nine rigs (five in the Haynesville and four in the Marcellus) and four frac crews (two in each basin). Given current market dynamics, the company plans to defer placing wells on production while reducing rig and completion activity.

United statesNick dellossoChesapeake energyPurchase agreementsHenry hubJapan korea markerChief executive officerRig countNatural gas

Chesapeake Energy to reduce rig Haynesville, Marcellus rig count following Southwestern natural gas megadeal

Chesapeake is currently operating nine rigs (five in the Haynesville and four in the Marcellus) and four frac crews (two in each basin). Given current market dynamics, the company plans to defer placing wells on production while reducing rig and completion activity.

United statesNick dellossoChesapeake energyPurchase agreementsHenry hubJapan korea markerChief executive officerRig countNatural gas

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