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U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, ...
The number of total oil and gas drilling rigs in the U.S. gained 7 to 544, rising for the first time in 12 weeks and posting the biggest weekly increase this year, Baker Hughes reported Friday in its ...
Drilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm ...
Oil drove the gain in Canada, with 120 rigs drilling for oil, 8 more than last week. In the US, 9 additional gas-directed ...
The Panhandle Field is located in the Panhandle and is noted as one of the oldest and most significant oil and natural gas ...
Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...
U.S. energy firms added seven oil and gas rigs this week, marking the first increase in 12 weeks and the biggest weekly gain since December, Reuters reports.  The total rig count now stands at 544, ...
Oil prices have slumped all year, and the industry has been hesitant to get onboard with "drill baby drill." One exec see ...
The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...
Midland Reporter-Telegram on MSN16d
Rig count slump stretches to 10 weeks
Oilfield services firm Baker Hughes said its weekly U.S. rig count fell eight rigs to 539 rigs, the lowest level since October 2021. That’s a 10th consecutive weekly decline, the first such decline ...
The golden era of excess is over. For oil drillers, the game is no longer about volume; it’s about surviving in a world where ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...