US Rig Count Holds at 588 as Crude Prices Surge
Baker Hughes reported the total U.S. rig count held steady at 588, with oil rigs rising by two to 449 while gas rigs fell by two. Permian Basin rigs added one to 268. Meanwhile, WTI crude closed shar…
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Recently added · Page 1Arrow Exploration Confirms Multiple Hydrocarbon Zones at Colombia's Icaco Well
Arrow Exploration's Icaco 3 well confirmed multiple hydrocarbon zones in Colombia, adding development locations. Production exceeds 5,000 boe/d with plans to increase output via continuous drilling t…
Permian Gas Prices Rebound as New Pipelines Ease Bottleneck
Permian Waha gas prices turned positive after new pipeline capacity (GCX expansion, Hugh Brinson) eased takeaway constraints, reducing flaring and negative pricing that had plagued oil-focused produc…