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Drilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count climbed seven rigs, the ...
Aug nat-gas prices extended Monday's sharp losses on Tuesday and posted a 1.5-week low on the outlook for cooler US ...
The downturn coincided with a dramatic drop in natural gas prices, which fell to a record low of $1.49 per million British Thermal Units in March 2024. Prices began rebounding in early 2025, with ...
Aug nat-gas prices on Friday settled higher on forecasts for excessive heat next week in the US. Vaisala said forecasts ...
U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes ...
U.S. Natural Gas Drilling Collapses At Fastest Fastest Pace Since 2016 By ZeroHedge - May 15, 2023, 10:00 AM CDT BakerHughes: the US natural gas sector is rapidly pulling drilling rigs from the field.
Similar to crude oil prices, which are a good $40 per barrel lower than 2022 peaks, U.S. natural gas prices averaged $2.42 per million British thermal units during the second quarter, some 60% ...
Total U.S. Rig Count Rises: The number of rigs engaged in the exploration and production of oil and natural gas in the United States was 588 in the week ended Aug 9, higher than theweek-ago count ...
In the run-up to U.S. election, drilling lobby promotes natural gas as 'clean' By Valerie Volcovici, Andrew R.C. Marshall and Matthew Green August 18, 2020 11:34 AM UTC Updated August 18, 2020 ...
Mike Sommers, American Petroleum Institute president and CEO, called on Congress to fix Biden’s costly action after he announced a ban on new drilling and further oil and natural gas development ...