U.S. Oil Rig Count Slips By One to 486 -- Market Talk

Dow Jones

Mar 22, 2025

1317 ET - The number of rigs drilling for oil in the U.S. fell by one this week to 486, and was down by 23 from a year ago, oil services company Baker Hughes reports. Rigs directed at natural gas rose by two to 102, or 10 fewer than a year earlier. In raising its forecasts for natural gas prices, the EIA last week predicted increased gas drilling to meet higher demand. "We expect dry natural gas production to increase in most regions in the lower 48 states," the EIA said. "Higher natural gas prices will incentivize more drilling in the natural gas-producing Appalachia and Haynesville regions, and rising crude oil production will result in more associated natural gas production in the Permian region." (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

March 21, 2025 13:17 ET (17:17 GMT)

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Rigs directed at natural gas rose by two to 102, or 10 fewer than a year earlier. In raising its forecasts for natural gas prices, the EIA last week predicted increased gas drilling to meet higher demand. \"We expect dry natural gas production to increase in most regions in the lower 48 states,\" the EIA said. \"Higher natural gas prices will incentivize more drilling in the natural gas-producing Appalachia and Haynesville regions, and rising crude oil production will result in more associated natural gas production in the Permian region.\" (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 13:17 ET (17:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Oil Rig Count Slips By One to 486 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Oil Rig Count Slips By One to 486 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-22 01:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1317 ET - The number of rigs drilling for oil in the U.S. fell by one this week to 486, and was down by 23 from a year ago, oil services company Baker Hughes reports. Rigs directed at natural gas rose by two to 102, or 10 fewer than a year earlier. In raising its forecasts for natural gas prices, the EIA last week predicted increased gas drilling to meet higher demand. \"We expect dry natural gas production to increase in most regions in the lower 48 states,\" the EIA said. \"Higher natural gas prices will incentivize more drilling in the natural gas-producing Appalachia and Haynesville regions, and rising crude oil production will result in more associated natural gas production in the Permian region.\" (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 13:17 ET (17:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B19Z3581.USD","symbol_name":"Legg Mason ClearBridge - Value A Acc USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2521237220","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521237220","pubTimestamp":1742577420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1317 ET - The number of rigs drilling for oil in the U.S. fell by one this week to 486, and was down by 23 from a year ago, oil services company Baker Hughes reports. Rigs directed at natural gas rose by two to 102, or 10 fewer than a year earlier. In raising its forecasts for natural gas prices, the EIA last week predicted increased gas drilling to meet higher demand. \"We expect dry natural gas production to increase in most regions in the lower 48 states,\" the EIA said. \"Higher natural gas prices will incentivize more drilling in the natural gas-producing Appalachia and Haynesville regions, and rising crude oil production will result in more associated natural gas production in the Permian region.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","BK4585":"ETF&股票定投概念","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4566":"资本集团","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0251142724.SGD":"Fidelity America A-SGD","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","BK4588":"碎股","BKR":"Baker Hughes Co","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","BK4179":"石油天然气设备与服务","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC"},"translate_title":"美国石油钻井平台数量减少1座至486座——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKR":0.9},"content_text":"1317 ET - The number of rigs drilling for oil in the U.S. fell by one this week to 486, and was down by 23 from a year ago, oil services company Baker Hughes reports. Rigs directed at natural gas rose by two to 102, or 10 fewer than a year earlier. In raising its forecasts for natural gas prices, the EIA last week predicted increased gas drilling to meet higher demand. \"We expect dry natural gas production to increase in most regions in the lower 48 states,\" the EIA said. \"Higher natural gas prices will incentivize more drilling in the natural gas-producing Appalachia and Haynesville regions, and rising crude oil production will result in more associated natural gas production in the Permian region.\" (anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 21, 2025 13:17 ET (17:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}