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Year-to-date, the onshore U.S. rig count is up ~10%. Onshore rig counts can gauge the activity levels of predominantly land-based upstream energy companies.
Land rigs up nine, offshore rigs count two lower The U.S. onshore—or land based—rig count increased by nine rigs, from 1,805 to 1,814, during the week ending August 1. The… ...
The boom in U.S. onshore oil and natural gas drilling has yet to peak, bolstering forecasts of continued strong demand for rigs… Wednesday, January 22, 2025 SUBSCRIBE ...
Onshore rig count on track for a nosedive. Land rigs in US were down 354 year-on-year last week with steeper cuts to come. Pressure: onshore drilling activity in the US is set to plummet Photo ...
National Oilwell Varco Inc. and Nabors Industries Ltd. are expecting a surge in orders this year for onshore rigs to meet demand for drilling deeper into dense rock to reach oil and natural gas.
Onshore rigs in the week that ended on Jan. 3 totaled 573, in line with the prior week's count. In offshore resources, 14 rigs were operating, which also remains the same as the week-ago count.
Falling oil prices could speed the departure of onshore drilling rigs from the state, particularly in the still-developing Tuscaloosa Marine Shale, which underlies parts of southeast Louisiana.
ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its ...
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