Mark LaRue, O&G Production Update, and Upcoming IADD Events

Published: Thu, 11/10/22

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IADD Board of Directors

Mark LaRue

Mark is currently working as a Technical Sales Advisor for Bench Tree, and has over 16 years of experience in the Oil & Gas industry. We are glad to have him on our board of directors!

Join us for the IADD Annual Sporting Clays Tournament on Friday, December 2nd. The event will last all day, from 7:30 am to 2:00 pm. We hope to see you there!

Save the date for a Mud Motor Topical Forum coming up in late January! Stay tuned for more details, and we hope to see you there!

IADD Corporate Sponsors

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Industry News

Fracking bottlenecks threaten US output growth

Almost Heaven – EQT Acquisitions Boost Its Role in West Virginia Gas, NGL Markets

Record Permian Well Permits Point To Growing U.S. Oil Supply

Exploration & Production

Technology & Innovation

Permian Basin Operators Act on Greenhouse Gas Emissions

Zanskar's Software Helps De-Risk Geothermal Power

Cutting-Edge Companies

Stay up-to-date on the latest technology in the industry. Follow us on social media!

If your company would be interested in placing an advertisement here, please contact Emalee at emalee@iadd-intl.org.

Baker Hughes Rig Count

For last week:

U.S. Rig Count is up 2 from last week to 770 with oil rigs up 3 to 613, gas rigs down 1 to 155, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is up 220 rigs from last year’s count of 550 with oil rigs up 163, gas rigs up 55, and miscellaneous up 2.
U.S. Offshore Rig Count is unchanged at 14, up 1 year-over-year.

For last month:

International Rig Count is up 32 rigs from last month to 911 with land rigs up 28 to 688, offshore rights up 4 to 223.
The average U.S. Rig Count for October was 768 up 5 from last month’s count of 763 and up 230 year-over-year.
The Worldwide Rig Count for October was 1,893, up 40 from the 1,853 counted in September 2022, and up 389 from the 1,504 counted in October 2021.

Additional information on the Baker-Hughes Rig Count is available on their website, at https://bakerhughes.com/rig-count-overview.