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Hart Energy Unconventional Activity Tracker (Week of Oct. 18, 2021) | Hart Energy
Rig CountsShale Plays Hart Energy Unconventional Activity Tracker (Week of Oct. 18, 2021). The Permian Basin led the way in the increase, adding seven rigs in the last week to reach 241, while Appalachia and the Gulf Coast also gained rigs. The Williston Basin had the largest drop though. Larry Prado Hart Energy Mon, 10/18/2021 - 03:02 PM The U.S. rig count increased by 10 in the last week, according to Enverus Rig Analytics. The count is up almost 5% in the last month and up 95% in the last year.The Permian Basin led the way in the increase, adding seven rigs in the last week to reach 241, while Appalachia gained four rigs for a total of 48 and the Gulf Coast added three rigs for 75. The Williston Basin had the largest drop, losing three rigs week over week to 26.WTI crude futures in the U.S. rose to their highest since 2014 this week and were currently trading around $82/bbl on Oct. 15, on forecasts of a supply deficit over the next few months as rocketing gas and coal prices stoke a switch to oil products. Already have an account? Log In Thanks for reading Hart Energy. . Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape. . Get Access Need more than one account? See Group Subscription optionsNorth AmericaOnshore AppalachiaBarnettMidcontinentPermianRockiesTexas/La Gulf CoastWillistonShare this article . Facebook . Twitter . LinkedIn . Email .30 3 Larry? Prado .Larry Prado writes activity highlights for Hart Energy's upstream franchises and covers E&P news. He holds an AA in electronics engineering technology and a BA in technical communications. Recommended Reading . Things Get ‘Awkward’ For Rice Brothers Thanks To EQT Feud . Daniel Rice, former CEO of Rice Energy who now sits on the EQT board, addressed the elephant in the room earlier this month at Hart Energy’s Energy Capital Conference. Carbon Capture Advocates Still Waiting For Way Forward . The IRS and U.S. Treasury Dept. have not yet issued final rules on exactly how to implement these credits, causing proponents of carbon capture, use and storage technology a great deal of frustration. Waterborne Crude: Setting a New Benchmark . The Harold Hamm-led American Gulfcoast Select is the first new crude benchmark since 2010, designed to more accurately price U.S. liquids being exported by tanker. Will it provide the value uplift as hoped? ?Subscribe to get unmatched coverage of the oil and gas industry’s entire landscape.See more offersAlready a subscriber? Sign inNewsletter Sign Up . Subscribe for free to our newsletters for the latest energy newsSign up today Follow Us .Facebook . Twitter . Youtube .
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