The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. It was the ...

After the building sat vacant for years in downtown's Deco District, The Exchange at Sinclair is reopening as a residential ...

US drillers pumped a record amount of oil in March, but the final number came in lower than government figures previously ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.

Port Fourchon at the southern tip of Lafourche Parish is the go-to service station for offshore energy production, serving as ...

We came across a bullish thesis on Sable Offshore Corp. (SOC) on Welfare Capital Research’s Substack. In this article, we ...