Tuesday, March 4, 2025
U.S. Rig Count drops 11, down to 806 rigs - oil and gas 360

U.S. Rig Count drops 11, down to 806 rigs

This week’s Baker Hughes rig count shows that U.S. numbers declined by 11, resulting in the total count falling to 806 rigs.  Canada decreased over last week as well by 6 rigs, resulting in a total Canadian count of 134 rigs. Breakdown by region Of the regions tracked by Baker Hughes, two regions saw an increase this week; the Mississippian basin

Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas- oil and gas 360

Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas

Reuters At a time when companies in a U.S. natural gas field have been losing money and exiting Louisiana’s Haynesville shale basin, Dallas Cowboys’ owner Jerry Jones’ Comstock Resources (CRK.N) is picking up cheap assets, betting on the field’s proximity to the growing U.S. Gulf Coast export hub. Reuters on Wednesday reported that Comstock Resources (CRK.N) is in talks to

U.S. crude oil inventories increase by 1.6 million barrels- oil and gas 360

Oil prices gain 2% despite concerns about rising supplies

Reuters NEW YORK  – Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent crude rose $1.04, or 1.7%, to $63.32 a barrel, while West Texas Intermediate crude rose 96 cents, or 1.7%, to $57.73 a barrel. Brent and