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US Oil, Gas Rig Count Falls

OilPrice

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same time last year.

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Drilling Rig Systems

Rig Skills

Drilling rig consists of following systems. Hoisting system Rotary system Circulation System Power system BOP system Monitoring system Drilling Rig Hoisting System It enable drilling rig to raise and lower working string into and out of well bore. Rotary system components are TDS or kelly and drill string.

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Counts of drilling rigs decline in Permian Basin, Texas, U.S.

Permian Basin Oil and Gas Magazine

Counts of active drilling rigs in Permian Basin, Texas and U.S. count of 592 down 1 in the past week, down 30 in the past year ends a streak of five straight weeks of additional rigs. The post Counts of drilling rigs decline in Permian Basin, Texas, U.S. appeared first on Permian Basin Oil and Gas Magazine.

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Drilling Rig Safety | Oil and Gas | Keystone Energy Tools

Keystone Energy Tools

Working on a drilling rig is a complex and inherently hazardous occupation, requiring a meticulous approach to safety. With numerous risks present at every stage of the operation, it is imperative to prioritize safety as the foundation of all activities on the rig.

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Know Mostly used Drilling Rig Acronyms

Rig Skills

Drilling rig operation report also called daily drilling report or DDR contain several acronyms. These acronyms minimize drilling report size and make it easy to read and understand. Without these abbreviation drilling report will look massive text contents and reader will feel boring.

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Quality Dies and Inserts in Drilling Rigs | Keystone Energy Tools

Keystone Energy Tools

Safety, efficiency, and reliability are paramount in successful drilling rig operations. This blog post highlights the crucial significance of utilizing high-quality dies and inserts in the oil and gas industry. Investing in top-notch dies and inserts not only prevents accidents but also leads to long-term cost savings.

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EIA: US natural gas-directed rigs decreased for second consecutive year in 2024

Oilfield Technology

The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.