The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...

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 ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...

The number of total oil and gas drilling rigs in the US fell by 2 to 537, the lowest total since October 2021 and posting its 11th consecutive weekly decline, Baker Hughes reported.

Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since October 2021 and down 34 rigs or 6% from 581 rigs a year ago. For the month ...

Crude oil prices rose and oil futures ticked upward. The IEA has trimmed its 2025 oil demand growth outlook and raised its production growth estimate.

The Biden administration has tightened offshore oil drilling safety regulations, including rules regarding the use of "blowout preventer" devices on offshore oil and gas drilling rigs.

The federal government raised its estimate this week for how much oil and gas could be extracted from public lands in Nevada, placing the state third for oil potential. Nevada holds 1.4 billion ...

An oil and gas drilling rig is shown in Wyoming BLM’s High Desert District. Wyoming BLM/FlickrCC ...

Our Overview: Oil & Gas Industries US rig count is currently sitting at its lowest level since 2022, and we expect further drilling declines. Factors pushing the WTI benchmark to the low 60s include: ...