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Increase in US gas resources reported

The PGC has reported that technically recoverable US natural gas reserves have increased to the highest ever level recorded at 2515 trillion ft3 as of the end of last year. The previous record reserve level of 2384 trillion ft3 was ...

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US oil and gas rig count up 3 to 1,928

Oilfield services company Baker Hughes Inc said that the number of rigs exploring for oil and natural gas in the US rose by three this week to 1,928. The Houston firm said in its weekly report that 1,578 rigs were ...

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