• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 8 hours The Political Debacle: Brexit delayed
  • 12 hours Trump sells out his base to please Wallstreet and Oil industry
  • 10 hours No Mercy: EU Fines Google $1.7 billion For Abusing Online Ads Market
  • 11 hours 3 Pipes: EPIC 900K, CACTUS II 670K, GREY OAKS 800K
  • 19 hours Tidal Power Closer to Commercialisation
  • 9 hours New Rebate For EVs in Canada
  • 20 hours Will Trump Cave Again
  • 21 hours Read: OPEC THREATENED TO KILL US SHALE
  • 20 hours Solar to Become World's Largest Power Source by 2050
  • 3 hours Trump Tariffs On China Working
  • 10 hours Biomass, Ethanol No Longer Green
  • 1 hour Boeing Faces Safety Questions After Second 737 Crash In Five Months
  • 1 day Oil stocks are heating up again! What's on your Watchlist?
Alt Text

Oil Prices Shoot Up On Large Inventory Draw

Oil prices rose on Wednesday…

Alt Text

After Libya And Venezuela, Is This The Next OPEC Wildcard?

Anti-government protests in the North…

Alt Text

Saudi Arabia’s Delicate Baku Balancing Act

OPEC and Russia are meeting…

Arthur Berman

Arthur Berman

Arthur E. Berman is a petroleum geologist with 36 years of oil and gas industry experience. He is an expert on U.S. shale plays and…

More Info

Trending Discussions

Horizontal Land Rig Count Summary 6th May 2016

The horizontal U.S. land rig count fell by 6 rigs to 318 and the total land rig count fell by 3 rigs to 388. 

Tight oil plays gained 1 rig. 

Losers:  Bakken (-1), Eagle Ford (-3), Niobrara (-1) = -5. 

Winners:  Permian (+3), Mississippi Lime (+2), Granite Wash (+1) = +6.

Go figure why the Mississippi Lime and Granite Wash add rigs when the Eagle Ford loses rigs. 

Shale gas plays lost 1 rig in the Utica.

 

By Art Berman for Oilprice.com




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News