News

The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide ...
U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...
Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...
EQNR states that it has received the green light to drill a production well at the Alve field off the coast of Norway. The ...
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week. The ...
President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...
Midland Reporter-Telegram on MSN13d
Permian Basin rig count falls to three-year low
Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...
The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.
Crude prices are flirting with the break-even point. NYMEX crude for May delivery settled Friday at $61.50 per barrel. By ...
Hilcorp has signed oil leases with Doyon, the Indigenous-owned corporation for Interior Alaska. But there’s intense ...