Baker Hughes Rig Count: U.S. +10 to 1,003 rigs

U.S. Rig Count is up 10 rigs from last week to 1,003, with oil rigs up 11 to 808, gas rigs unchanged at 194, and miscellaneous rigs down 1 to 1.

U.S. Rig Count is up 164 rigs from last year's count of 839, with oil rigs up 136, gas rigs up 29, and miscellaneous rigs down 1 to 1.

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Thanks for posting, I wonder how this compares to late 2017 when WTI was last $67.

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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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