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 ...

Aug nat-gas prices extended Monday's sharp losses on Tuesday and posted a 1.5-week low on the outlook for cooler US ...

Similar to crude oil prices, which are a good $40 per barrel lower than 2022 peaks, U.S. natural gas prices averaged $2.42 per million British thermal units during the second quarter, some 60% ...

U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes ...

Aug nat-gas prices on Friday settled higher on forecasts for excessive heat next week in the US. Vaisala said forecasts ...

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.

The downturn coincided with a dramatic drop in natural gas prices, which fell to a record low of $1.49 per million British Thermal Units in March 2024. Prices began rebounding in early 2025, with ...

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 ...

Natural-gas drilling has rarely been so profitable. Yet U.S. producers say they will retire debt, buy back shares and pay dividends rather than ramp-up output. ...

Total active gas drilling rigs in the U.S. sank by 16 to stand at 141, the lowest total since April 2022 and the biggest weekly decline since February 2016, Baker Hughes reported Friday.

The US benchmark Henry Hub daily natural gas price has generally declined since August 2022 and reached record lows in first-half 2024, making drilling natural gas wells less profitable ...

The U.S. is the world's top producer of natural gas, and became the No. 1 exporter of LNG in 2022 as Europe looked to America to wean itself off Russia's vast energy supplies following the ...