US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.

Scott Sheffield, the former head of shale driller Pioneer Natural Resources, told the Financial Times that if crude drops to ...

U.S. oil and gas rig count falls for the third week in a row as drilling activity slows and operators cut plans due to lower ...

Firms have used billions of gallons of Rio Grande and Pecos River water for drilling in the Eagle Ford Shale and elsewhere, ...

Domestic crude production has gone down about 200,000 barrels a day since the first of April. Output rose slightly last week, ...

Texas drilling permits decreased 50% last month from a multiple of factors including President Trump’s tariffs and a decrease in oil prices. CLICK HERE to watch the on-air version of Powering the ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...

The rig count in Canada ended the week with 7 additional rigs running. For the week ended May 16, the rig count in Canada ...

The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this time last year.

North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline.

Sable Offshore Corp. has restarted offshore oil production 10 years after the operation was shuttered following a major oil ...