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Tag Archives: oil production

US rig count up 17 this week to 481, Texas up 13

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HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 17 this week to 481. A year ago, 884 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 396 rigs sought oil and 83 explored for natural gas ...

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US rig count up 7 this week to 447

oil rig, rig count,

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by seven this week to 447. A year ago, 857 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 357 rigs sought oil and 89 explored for natural gas ...

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Flo-Rite Magnetic Fluid Conditioning for Horizontal Wells

Flo-Rite Magnetic Fluid Conditioning treats paraffin and scale buildup in horizontal wells, eliminating frequent hot oiling, reducing overall costs.

Since the horizontal well boom began, production technology has advanced exponentially. But despite these advances, there remains an arduous and persistent problem which plagues both conventional and unconventional wells alike — paraffin and scale buildup. Treating paraffin with Magnetic Fluid Conditioning Magnetic Fluid Conditioning (MFC) is not new to the oilfield. Historically, though, the process hasn’t been trusted as an ...

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Oil prices set for fourth-straight monthly gain

oi prices

The price of oil is on track to set its longest run of monthly gains in five years. Futures were up Tuesday morning in New York, paving the way for a fourth-straight monthly advance. Oil production has been disrupted in several different countries in recent months. Nigeria’s oil production is down 50 percent after a series of militant attacks. In ...

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