Baker Hughes Rig Count: U.S. +29 to 975 rigs

U.S. Rig Count is up 29 rigs from last week to 975, with oil rigs up 26 to 791, gas rigs up 3 to 184, and miscellaneous rigs unchanged.

U.S. Rig Count is up 234 rigs from last year's count of 741, with oil rigs up 200, gas rigs up 35, and miscellaneous rigs down 1 to 0.

The U.S. Offshore Rig Count is unchanged at 16 rigs and down 5 rigs year-over-year.

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Longer vs shorter laterals

Posted by Chaz on May 3, 2019 at 1:30pm 0 Comments

This may have been discussed at length at some point on this forum so please forgive me if I'm repeating a question that may have been answered.

Six years ago CHK drilled wells with 5000ft laterals; recently they have come back and…




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