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Baker Hughes weekly rig report Friday 8/21/2020
All US Rigs 254 (+10) US Horizontal Rigs 221 (+14) US Hz Gas Rigs 66 (+6) US Hz Oil Rigs 155 (+8) Baker Hughes’s data reported a big jump...

Dave Boyer
Aug 21, 20201 min read


Baker Hughes weekly rig report Friday 8/14/2020
All US Rigs 244 (-3) US Horizontal Rigs 207 (-4) US Hz Gas Rigs 60 (+1) US Hz Oil Rigs 147 (-5) The downward slide continues as...

Dave Boyer
Aug 14, 20201 min read


Baker Hughes weekly rig report Friday 8/7/2020
All US Rigs 247 (-4) US Horizontal Rigs 211 (-5) US Hz Gas Rigs 59 (+1) US Hz Oil Rigs 152 (-6) The answer to last week’s question, the...

Dave Boyer
Aug 7, 20201 min read


Baker Hughes weekly rig report Friday 7/31/2020
All US Rigs 251 (-) US Horizontal Rigs 216 (+1) US Hz Gas Rigs 58 (+1) US Hz Oil Rigs 158 (-) Has the bottom been reached at the current...

Dave Boyer
Jul 31, 20201 min read


Pennsylvania 1st Half 2020 Vertical Spud Report
As a follow-up to last week's horizontal report, below highlights the vertical wells spud across the state in the first half of 2020....

Dave Boyer
Jul 27, 20201 min read


Baker Hughes weekly rig report Friday 7/24/2020
All US Rigs 251 (-2) US Horizontal Rigs 215 (-) US Hz Gas Rigs 57 (-3) US Hz Oil Rigs 158 (+3) Horizontal gas rigs continue to decline...

Dave Boyer
Jul 24, 20201 min read


Pennsylvania 1st Half 2020 Horizontal Spud Report
June production data has yet to be released, so I put together a spud report for the first half of the year. Chesapeake, EQT, Cabot, SWN,...

Dave Boyer
Jul 23, 20201 min read


Baker Hughes weekly rig report Friday 7/17/2020
As operators are announcing their intention to turn wells back inline, horizontal gas rigs have resumed a drop off losing four this week....

Dave Boyer
Jul 17, 20201 min read


Baker Hughes weekly rig report Friday 7/10/2020
All US Rigs 258 (-5) US Horizontal Rigs 220 (-6) US Hz Gas Rigs 64 (-2) US Hz Oil Rigs 156 (-4) So much for the two horizontal gas rigs...

Dave Boyer
Jul 10, 20201 min read


Baker Hughes weekly rig report Friday 7/2/2020
All US Rigs 263 (-2) US Horizontal Rigs 226 (-4) US Hz Gas Rigs 66 (+2) US Hz Oil Rigs 160 (-6) The drop in rig count continues to...

Dave Boyer
Jul 3, 20201 min read


Residential Natural Gas Prices
I never really paid attention to residential natural gas prices, focusing on Henry Hub and basis pricing. Nevertheless, while examining...

Dave Boyer
Jun 29, 20201 min read


Baker Hughes weekly rig report Friday 6/26/2020
All US Rigs 265 (-1) US Horizontal Rigs 230 (-4) US Hz Gas Rigs 64 (-) US Hz Oil Rigs 166 (-4) Is the bottom of the drop coming soon? US...

Dave Boyer
Jun 26, 20201 min read


Shale Booms and Busts: Natural Gas Edition
Horizontal Gas Rigs: 2011-2020 This post is a follow-up to last week’s Oil Edition. The map depicts the number of gas-focused horizontal...

Dave Boyer
Jun 22, 20201 min read


Baker Hughes weekly rig report Friday 6/19/2020
All US Rigs 266 (-13) US Horizontal Rigs 234 (-12) US Hz Gas Rigs 64 (-3) US Hz Oil Rigs 170 (-9) Back to a double-digit rig decline as...

Dave Boyer
Jun 19, 20201 min read


Shale Booms and Busts: Oil Edition
Horizontal Oil Rigs: 2011-2020 The map depicts the number of oil-focused horizontal rigs per county. It highlights each week of the Baker...

Dave Boyer
Jun 15, 20201 min read


Baker Hughes weekly rig report Friday 6/12/2020
All US Rigs 279 (-5) US Horizontal Rigs 246 (-7) US Hz Gas Rigs 67 (-) US Hz Oil Rigs 179 (-7) The drop in rigs continue, but at a slower...

Dave Boyer
Jun 12, 20201 min read


US All Rigs Fall Below 300
All US Rigs 284 (-17) US Horizontal Rigs 253 (-18) US Hz Gas Rigs 67 (-2) US Hz Oil Rigs 186 (-16) All US rigs have fallen below the 300...

Dave Boyer
Jun 5, 20201 min read


Baker Hughes weekly rig report Friday 5/29/2020
All US Rigs 301 (-17) US Horizontal Rigs 271 (-14) US Hz Gas Rigs 69 (-1) US Hz Oil Rigs 202 (-13) The fall in drilling across the US...

Dave Boyer
May 29, 20201 min read


Baker Hughes weekly rig report Friday 5/22/2020
All US Rigs 318 (-21) US Horizontal Rigs 285 (-22) US Hz Gas Rigs 70 (-2) US Hz Oil Rigs 215 (-20) This week’s Baker Hughes report...

Dave Boyer
May 22, 20201 min read


Abandoned Oil and Gas Wells
Last week Marty Comini posted pictures on Linkedin showing an old well being plugged next to a house. While in college, I was fortunate...

Dave Boyer
May 20, 20202 min read
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