Drilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count climbed seven rigs, the ...

That year, high gas prices spawned a frenzy in drilling activity that shot the US active gas rig count up to almost 1,200 by midyear. Yet the gas rig tally had collapsed to a little more than half ...

The upward trend in US drilling activity since the start of this year is likely to continue through the summer and boost day rates for premium offshore rigs in the second half of the year, said ...

The US natural gas industry is pulling back on exploration at the fastest pace in seven years amid tumbling prices for the heating and power plant fuel.. Rigs searching for natural gas declined by ...

U.S. Natural Gas Drilling Collapses At Fastest Fastest Pace Since 2016 By ZeroHedge - May 15, 2023, 10:00 AM CDT BakerHughes: the US natural gas sector is rapidly pulling drilling rigs from the field.

February Nymex natural gas (NGG25) on Monday closed up sharply by +0.553 (+16.35%). Feb nat-gas prices on Monday surged to a nearly 1-year nearest-futures high on a colder outlook for next month ...

Gas power plant development is surging on the back of the AI boom, leading to a supply squeeze and prompting closer ...

June Nymex natural gas (NGM25 ) on Tuesday closed up sharply by +0.314 (+10.09%). June nat-gas prices surged on Tuesday and settled sharply higher. Nat-gas prices rallied on forecasts for warm ...

Natural gas futures climb 6.3 cents to $3.696/MMBtu as arctic air sweeps across the U.S., driving heating demand higher. Heavy snow and rain target Northwest and Great Lakes regions, with isolated ...

U.S. natural gas futures soared as the weather outlook for January shifted colder, raising demand prospects for the fuel used in heating and power generation. US Natural Gas Prices Surge 20% on ...

Demand for natural gas, the most popular ways to heat homes in the United States, is likely to rise as Americans brace for a severe winter storm in the Northeast. More than 10 million people ...