TOMBALL, TX.–U.S. producers of all sizes responded to the economic shutdown and sub-breakeven commodity prices by dramatically cutting back budgets for drilling and completing new wells, and by ...

With horizontal resource plays continuing to set the tone for North American operators, it comes as little surprise that the forecast calls for an increase in hydraulic fracturing services in the ...

COVINGTON, LA.–From the largest major and national oil companies to the smallest independents, offshore operators the world over are embracing standardized “design one, build many” field development ...

HOUSTON–With the dog days of summer in full run, global energy markets continue to experience an unusual set of business conditions. On the one hand is an ultratight supply and demand balance, which ...

U.S. Rig Count current and historical data, updated every Friday. Data made available by Baker Hughes.

Advancements in the science of horizontal drilling have been nothing short of astonishing over the past two decades. Fifteen years ago, a rig may have been on location for a couple of months to drill ...

Non-operators have always been the unsung heroes of oil and gas, providing critical investment dollars to fund exploration, drilling, production, and acquisitions. With public capital and private ...

HOUSTON–While only a very small percentage of the total number of horizontal wells completed in shale plays have been refractured, the concept of restimulating mature producing wells is not new. In ...

As the industry slowly restarts the engines of drilling and completion activity, many of the same companies that were quickest to respond last spring to collapsing market conditions are among the ...

It’s hard to believe, but the Eagle Ford Shale play is about to turn sweet 16. It may seem like only yesterday, but it was 2008 when the Eagle Ford discovery well in the Hawkville Field breathed first ...

The Merriam-Webster dictionary defines cyclicity as the state of occurring or moving in cycles. It could have saved some ink and simply written “see oil and gas.” Less than a year after an historic ...

TULSA–It is commonly acknowledged within the industry that the stress cage or hoop stress left around a horizontal well after it is drilled can cause severe complexity in the geometry of hydraulic ...