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Tag: rig

US rig count rises for 4th straight week

October 10, 2020
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Permian tally rises to 130

Photo of Mella McEwen
Mella McEwen, MRT.com/Midland Reporter-Telegram

Oct. 9, 2020Updated: Oct. 9, 2020 5:55 p.m.

The U.S. rig count continues to claw its way back from record lows brought about by the COVID-19 pandemic and oil market crash.

The U.S. rig count continues to claw its way back from record lows brought about by the COVID-19 pandemic and oil market crash.

James Durbin/Midland Reporter-Telegram

The U.S. rig count continues to claw its way back from record lows brought about by the COVID-19 pandemic and oil market crash.

Baker Hughes, which has tracked the rig count weekly since the 1940s, reported Friday that the rig count posted its fourth consecutive rise, rising three rigs to 269 at work nationally. There were 193 rigs drilling for oil, up four for the week, and 73 drilling for natural gas, down one for the week. The rig count is 587 rigs below the 856 at work this time a year earlier.

Texas added three rigs for 116 at work statewide, down 304 from the

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Toyota expects to roll out a pilot fuel cell electric big rig early next year in North America

October 5, 2020
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Plano-based Toyota Motor North America and the company’s truck and bus subsidiary, Hino USA, say they will jointly develop a heavy-duty fuel cell electric big rig for the North American market.

The companies will use Hino’s new XL Series chassis and Toyota’s fuel cell technology to deliver “exceptional capability without harmful emissions,” according to an announcement Monday. The collaboration expands on an existing partnership to develop a 25-ton fuel cell electric truck for the Japanese market, which was announced earlier this year.

The first demonstration vehicle is expected to arrive in the first half of 2021, Toyota said.

“A fuel cell powered version of the Hino XL Series is a win-win for both customers and the community. It will be quiet, smooth and powerful while emitting nothing but water,” said a statement from Tak Yokoo, senior executive engineer at Toyota Research and Development.

Toyota and Hino have been working on

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