Enverus has acquired TGS‘ North American well data products business for more than $100 million, adding one of the industry’s largest commercial well log databases to its energy intelligence platform while allowing TGS to sharpen its strategic focus on offshore geophysical services. The transaction includes $100 million paid at closing, with an additional $15 million earnout tied to […]
North America added three rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on May 15.
North America lost four rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on May 1.
North America dropped seven rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on April 17.
North America dropped 21 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on March 20.
North America dropped six rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on March 13.
North America’s liquefied natural gas export capacity could more than double by 2029 as new terminals across the United States, Canada, and Mexico move toward completion, according to the U.S. Energy Information Administration (EIA). The agency’s latest forecast, reported by Reuters, projects a jump from roughly 14 billion cubic feet per day (bcf/d) in 2024 to more than 29 bcf/d by 2029.
Of the total U.S. rig count of 547, 529 rigs are categorized as land rigs, 15 are categorized as offshore rigs, and three are categorized as inland water rigs. The total U.S. rig count is made up of 418 oil rigs, 120 gas rigs, and nine miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 480 horizontal rigs, 55 directional rigs, and 12 vertical rigs.
North America’s total rig count remained unchanged week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on October 3.
The U.S. added one rig and Canada added six rigs week on week, taking the total North America rig count up to 718, comprising 537 rigs from the U.S. and 181 rigs from Canada, the count outlined.