News

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...
The total number of active drilling rigs for oil and gas in the United States fell yet again in the week ended May 30, according to new data that Baker Hughes published on ...
Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.
The latest EIA data showed that weekly U.S. crude oil production rose, from 13.387 million bpd to 13.392 million bpd. The ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to implement production increase of 411,000 barrels per day, which includes three monthly increments ...
US drillers pumped a record amount of oil in March, but the final number came in lower than government figures previously ...
Baker Hughes (BKR) reports that the U.S. rig count is down 2 from last week to 576 with oil rigs down 1 to 473, gas rigs down 1 to 100 and miscellaneous rigs unchanged at 3.The U.S. Rig Count is ...
Offshore oil rigs are some of the largest structures found on the water, but are they just floating out there? How do they ...
The oil rig count in the US decreased by 1 this week, according to the latest data released by oilfield services company Baker Hughes on Friday. The number of oil rigs, an indicator of short-term ...