Todd Bush

33 Added | 1 Magazine | 23 Followers | @ToddBush2015 | Energent Group is a market research firm focused on our clients' needs for oil & gas data and research products. We help firms gain energy intelligence through Upstream advisory and industry expertise. Our research focuses on key U.S. shale plays in Texas (Eagle Ford, Wolfcamp), North Dakota (Bakken), and more. Find us at http://energentgroup.com.

Permian: Midland & Crockett are Top Counties for Drilling Permits

The week of July 17th drilling permit activity was down -34%, with 65 permits issued. The top counties were Midland and Crockett. Both counties had 0 …

Weekly Permits: Weld County, CO is Focus for Niobrara Operators

Permit activity in DJ-Niobrara dropped off -24.24% from the prior week to 25 permits for the week of 2015-05-18 – 2015-05-24, compared to prior …

WTI Closes at $59.15 and Only 26 Rigs Idled

As the first quarter of 2015 comes to an end, WTI closed at $59.15 and the BHI land rig count dropped -26 rigs or -2.9% compared to last week.<p>The …

+2.9% Increase in Gas Plays Rig Count

The BHI land rig count has slowed in the decline to only releasing -21 rigs or 2.3% compared to last week. Of the -21 rigs dropped, 20 are oil …

Rig Count Trends for 2015

As the Baker Hughes (NYSE: BHI) rig count continues its downward trend from the end of 2014, we look forward to the activity in 2015. Many operators …

WTI Closes at $56 and Key Shale Production Declines

The Baker Hughes US Land Rig Count declined to 904 down -3.5% this week. WTI closed at $56.37 per barrel. Here’s a summary chart for the week:<p>Summary …

Impact of Uncompleted Wells on U.S. Operator Performance in Bakken, Eagle Ford, & Permian

What Topics Will Be Covered?<p>Since the crash of WTI crude five months ago, almost all operators and service companies in Bakken, Eagle Ford, and …

The Case of the Missing Buyer: How Well Servicing Companies Can Weather the Downturn

What Topics Will Be Covered?<p>We talk to many well servicing and oilfield service companies, in general, and many companies are prepared to weather the …

1.9% Land Rig Decline, Rigs Stabilizing?

The Baker Hughes US Land Rig Count declined to 979 down -1.9% this week. Only 19 rigs were released this week, and based on the last month of rig …

US Crude Inventories Rise, Land Rigs Decline

The Baker Hughes US Land Rig Count declined to 1,015 down -4.3% this week. WTI fluctuated this week ending around $46 per barrel. Here’s a summary …

Careers in Sales in High Demand for N. American Oil, Gas Industry in Feb.

by Valerie Jones<p>Rigzone Staff<p>Monday, March 16, 2015<p>Rigzone takes a snapshot of available oil and gas jobs in North America for the month of February, …

Clearing up the Media's Account of Drilling Activity, US Rig Count -5

Clearing up the Media’s Account of Drilling Activity, US Rig Count -5<p>To no surprise to an experienced oilfield professional, rig count dropped a few …

Making Sense of It All

<i>This is the third article in a five-part series.</i><p>Last week we talked about the need to compile all of your data in the same place, but if this is your …

Permian Basin Leads with 560 Rigs

Oil prices started declining this week and the “market experts” are proposing doom and gloom scenarios. While $30-60 oil is possible we do not …

Halliburton Acquires Baker Hughes for Integrated Platform or Pricing Protection

Halliburton (NYSE:HAL) acquired Baker Hughes (NYSE:BHI) creating an $80bn oilfield service company second only to Schlumberger (NYSE:SLB) in market …

Rig Count Declined This Week to 1842 from 1855

Welcome back from Thanksgiving! It is time to get the last remaining items accomplished by the end of the year! If you were busy eating turkey and …

Eagle Ford down 17 Rigs Compared to Last Year

Rig count remains an important indicator of oil and gas activity; however, the drops in oil prices reflect a changing dynamic in the industry. With …

New Mobile Apps for the Oilfield: Hit or Miss?

In our normal lives outside of work, most of us rely on our smartphones and tablets heavily. We have apps that we use daily, which we probably …

27 Rigs down While Oil Drops 12% to $57.81

Why is OPEC cutting production? OPEC will gain relevancy again by pushing prices down below $60/barrel. At this price, several OPEC country members …

Bakken -7, Eagle Ford +2, & OPEC Revenue down 14%

This week there are no large swings in rig counts. The WTI oil price is hovering around $56 / bbl and Brent crude is at $62 / bbl. We are expecting …

WTI Crude Knocked below $50 and US Land Rigs at 1735

With the WTI oil price trading under $50 / bbl and the crude Brent oil price near $50 / bbl, the rig counts continue to drop confirming our …

Permian down 28 Rigs, US Land Rigs Drop to 1673

According to the Baker Hughes Rig Count, US Land Rigs declined -3.6% this week to 1673 from 1735. The horizontal drilling activity is 77% of the …

Land Rig Count Drops to 1599 as WTI Crude Increases to $48.45

US Land Rigs dropped -4.4% this week to 1599 from 1673, as reported in the weekly Baker Hughes Rig Count. The horizontal rig count dropped to 1247, a …

US Land Rigs Down -2.7%, Bakken Pace Slowing

The Baker Hughes US Rig Count for Land Rigs declined -2.7% this week to 1557 from 1599. The horizontal rig count dropped to 1223 down -24 from last …

OXY & COP Slice $4.9 Billion from Budgets, WTI Closes at $48.24

The Baker Hughes US Rig Count for Land Rigs declined -5.5% this week to 1472 from 1557. The horizontal rig count dropped to 1160 down -63 from last …

Embracing a Changing Upstream Market, US Land Rigs down -85

The Baker Hughes US Rig Count for land rigs continued to drop to 1387 rigs, down -5.8% or -85 rigs compared to last week, with 80 of the 85 rigs …

$22 Billion Cut from 2015 E&P Budgets

There has been a lot of activity within E&P operators’ budgets for 2015 in the face of low oil prices in the market. So far, about $22 billion has …

Rig Counts down -26% since Start of 2015

The Baker Hughes US Rig Count for land rigs remains in a downturn, dropping 7.1% this week to 1288 rigs compared to last week. The rig counts are …

Gas Plays Show Stability but Land Rig Declines -3.5% to 1243

The Baker Hughes US Rig Count for land rigs has declined slightly this week -3.5% to 1243 rigs with 42 of the 45 rigs released being horizontal.<p>The …