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Oil and fuel shipments through the Strait of Hormuz have been suspended.

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Oil breaks out

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US Oil Drilling Activity Slows as Oil Prices Jump

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US Oil and Gas Industry Faces Challenges Amid Record Production

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Fracking Companies Turn to Global Buyers for Idle Equipment

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Slowing U.S. shale growth has fracking companies finding new markets abroad

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Slowing USA Shale Growth Has Fracking Companies Finding New Markets

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Slowing US Shale Growth Has Fracking Companies Finding New Markets Abroad

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US Oil Drilling Activity Still Going Nowhere

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U.S. Rig Count Holds Steady as Oil Drilling Slips and Gas Activity Climbs

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US Oil Drillers Add Rigs Even in Price Uncertainty

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US Oil Drilling Continues to Flounder

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All Press Releases

The Commodities Feed: Nuclear deal remains elusive

Despite downward pressure on much of the commodities complex last week following the FOMC meeting, oil finished the week on a relatively strong footing, and in fact, still managed to settle higher on the week.

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U.S. Rig Count Jumps As Oil Prices Hold Above $70

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose this week, bringing the total rig count to 470 as U.S. drillers boast more than 100 additional rigs this year.

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ProPetro Holding: Sufficient Momentum To Overcome Short-Term Headwinds

PUMP has tailwinds due to the increase of the frac fleet count following the rise in completion activities in the US.

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U.S. Rig Count Falls As Drillers Show Discipline

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States fell this week, bringing the total rig count to 456—still a more than 100-rig gain since the start of the year.

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Oil Rig Count Rises As Brent Prices Flirt With $70

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 again this week, bringing the total rig count to 457—a more than 100-rig gain since the start of the year.

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Solaris Oilfield Infrastructure: A Steady Go Before The Acceleration

Solaris's mobile proppant solution fleet count went up by 24% in Q1 due to higher completions and fracking activity.

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Rig Additions In U.S. Top 100 For 2021

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 this week, bringing the total rig count to 455—a more than 100-rig gain since the start of the year.

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Rebounding Frac Activity Starting To Hit Constraints, Growing Cost Pressures

HOUSTON–The U.S. oil and gas industry has survived some huge market shocks during the past year, but even through adversity, the industry has persisted and remains on a path of growth for 2021.

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FTS International Offers Steady Returns At The Current Level

FTSI's active hydraulic fleet count may remain steady in Q2 and is likely to go up in 2H 2021 and into 2022.

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U.S. Oil Rig Count Soars As WTI Recovers

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 5 this week, bringing the total rig count to 453.

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US oil, gas rig count rises 6 to 519 as Permian, Eagle Ford lead growth: Enverus

Houston — The US oil and gas rig count rose six to 519 in the week ended March 31, rig data provider Enverus said, as totals in the Permian Basin and Eagle Ford Shale continued to climb.

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DMC Global's Valuation Stays Ahead Of The Growth Curve

BOOM increased pricing for all products in the DynaEnergetics segment, which will help expand operating margin in Q2 2021.

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Haynesville Shale Operator Awards Gas Frac Fleet Contract

Comstock Resources, Inc. (NYSE: CRK) reported Tuesday that it has contracted BJ Energy Services to deploy its next-generation, 100% natural gas-fueled hydraulic fracturing fleet early next year.

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U.S. Frac Spread Count 2021

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Pluses Adding Up on Crude Supply Side

Several supply-related factors are supporting crude oil prices, according to one of Rigzone’s regular market-watchers.

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Helmerich & Payne: Slowing U.S. Drilling Activity Is A Headwind This Year

Fiscal discipline and restrained capital spending by US shale producers is the most important driver of the rally in oil and energy stocks this year.

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U.S. Rig Count Increases To 440 Rigs

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 this week, bringing the total rig count to 440.

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Oil Boom 2021: Where It Currently Stands And Where We Go From Here

It’s not the leasing, drilling and fracking boom of 2017-2019, but the domestic oil and gas industry finds itself in the midst of a more modest, tech-and-efficiency-driven boom during the first third of 2021 nevertheless.

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Oil Billionaire’s Low-Carbon Frack Dream Is Proving a Tough Sell

(Bloomberg) -- Billionaire Alejandro Bulgheroni’s dream of making fracking more environmentally friendly is running up against the reality of shale-patch economics.

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U.S. Oil Rig Count Declines For The First Time In Six Weeks

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States decreased by 1 this week, bringing the total rig count to 438.

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Rig and Frac Spread Counts Near Benchmarks

Metrics tied to U.S. drilling and hydraulic fracturing activity are approaching important benchmarks.

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NexTier Oilfield Solutions: Change In Demand Pattern Holds The Key

An improved drilling market and NEX’s foray into ESG-compliant fracking equipment will become primary growth drivers in the medium term.

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U.S. Rig Count Increases As Oil Prices Hold Above $60

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 7 this week, bringing the total rig count to 439.

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The Commodities Feed: China diesel exports near record levels

Oil prices have started the week under pressure, with ICE Brent trading down around 0.5% at time of writing. A firmer USD this morning is weighing somewhat on the complex.

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