Thursday, January 9, 2025

Utica Wells Producing 4.2x More than in January 2014, Beating Permian Efficiencies

Despite relatively low rig activity, the Utica shows the strongest gains in production efficiency since January 2014 Baker Hughes Industries (ticker: BHI) released its weekly update on the number of rigs operating in the United States Friday, showing ten more rigs active in the country from last week. The Permian remains the most active basin in the country, but despite

Scott Pruitt Confirmed as EPA Head

Scott Pruitt was confirmed to run the EPA today, with the Senate voting 52-46 to confirm. Two Democrats, Joe Manchin (WV) and Heidi Heitkamp (ND) crossed party lines to support Pruitt, while one Republican, Susan Collins (ME), voted against him. Scott Pruitt has been the Oklahoma Attorney General since 2011, in which position he distinguished himself as a harsh critic