The number of land rigs was down by 13 compared with March 4. Around this time in 2015, there were 1,069 onshore rigs active in the US.
The majority of rigs in the US, 375 units, drill for oil using horizontal drilling techniques. The largest number of rigs is found in Texas. On Friday, Baker Hughes recorded 215 units, down from 501 rigs on March 11, 2015. Oklahoma came in second, followed by Louisiana with 67 and 49 rigs, respectively.
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
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