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Niobrara Shale News

BHI: US rig count cut in more than half since Dec. 5

The US drilling rig count fell 34 units—all on land—to 954 rigs working during the week ended Apr. 17, according to data from Baker Hughes Inc.

BHI: US rig count decline smallest in 15 weeks

The US drilling rig count dropped just 21 units to settle at 1,048 rigs working during the week ended Mar. 27, representing the smallest decline in...

EIA: Eagle Ford, Bakken oil production to fall in April

US shale oil production is expected to increase by a mere 1,000 b/d from March to April, according to the Energy Information Administration’s Drill...

Chesapeake’s $4-4.5 billion capex down 37% vs. last year

Chesapeake Energy Corp., Oklahoma City, is budgeting total capital expenditures, including capitalized interest, of $4-4.5 billion for 2015.

Oneok halting construction at three gas plants

Oneok Partners LP, Tulsa, has suspended construction on 500 MMcfd of gas processing capacity at three plants in the Williston basin of North Dakota...
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