As the industry enters the resource harvest phase of unconventional resource development, operators are implementing manufacturing style processes to eliminate cost, improve efficiency and increase hydrocarbon recovery. This edition of E&P Connect features a look at Laredo Petroleum Inc.’s innovative corridor project in the Midland Basin where the company is engaged in developing multiple formations in a stacked play.
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2024-03-22 - The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to March 22.
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2024-04-12 - The oil and gas rig count, an early indicator of future output, fell by three to 617 in the week to April 12, the lowest since November.
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2024-02-16 - Baker Hughes said U.S. oil rigs fell two to 497 this week, while gas rigs were unchanged at 121.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
2024-04-05 - The oil and gas rig count, an early indicator of future output, fell by one to 620 in the week to April 5, the lowest since early February.
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2024-04-19 - The oil and gas rig count, an early indicator of future output, rose by two to 619 in the week to April 19.