Rig count jumps to 755 with the addition of two natural gas rigs
Monday, May 1, 2023
The U.S. rig count climbed to 755 during the week ended April 28, gaining two natural gas rigs, according to data provided by Baker Hughes.
The U.S. natural gas rig count increased to 161 rigs during the time period, while the domestic oil drilling count remained unchanged despite a mix of regional activity.
Last year, the rig count rested at 698 during the same time period.
Learn more: Natural Gas Intelligence > Two Natural Gas Rigs Added in U.S. as Oil Count Steady, Baker Hughes Data Show
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What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
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Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.