Analysis-Sliding US Rig Count Outpaces Efficiency Gains, Threatening Onshore Oil Output – Oil & Gas 360

Analysis-Sliding US rig count outpaces efficiency gains, threatening onshore oil output – Oil & Gas 360

(Investing) – HOUSTON -The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world’s top producer could fall in early 2026. U.S. energy companies are producing record amounts of oil, much of it from onshore shale fields. New techniques and technology, like longer lateral wells, automation and more powerful equipment, have driven productivity gains across the…

Rig Count Climbs in Oklahoma's Granite Wash Basin

While Oklahoma’s overall rig count slipped slightly last week, the Granite Wash Basin in western Oklahoma saw an increase in drilling activity. The region added 2 active rigs, bringing its total to 15—a positive sign for operators targeting liquids-rich zones in the basin. Meanwhile, the Cana Woodford, known for its deep dry gas production, experienced a drop. The count fell by 4 rigs, leaving 13 still active. The Cana Woodford formation stretch…

Sliding US Rig Count Outpaces Efficiency Gains, Threatening Onshore Oil Output  - Energy News, Top Headlines, Commentaries, Features & Events

Summary Falling U.S. rig count threat to oil production Lower 48 oil production expected to fall next year, analysts say Permian rig count to fall below models for steady output Analysts model Permian rig count at 240-260 for steady output (Reuters) – The falling number of oil and gas rigs deployed across the United States ...

Baker Hughes U.S. Rig Count Down 2 @ 540; M-U Unchanged @ 36 - Marcellus Drilling News

Last week, the Baker Hughes U.S. rig count continued its downward trend, losing another two rigs to end at 540 active rigs nationwide. The count has been down 13 of the last 14 weeks, with the only slight increase happening three weeks ago. The Marcellus/Utica count remained the same (after gaining one rig two weeks...