News

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.
Semisub to drill up to three wells in Rhino Resources' promising Orange basin block, and as many as two probes for another ...
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 number of rigs seeking crude oil fell six rigs to 432, the lowest level since October 2021 and down 47 rigs or 10% from 479 rigs last June. The number of rigs drilling for natural gas was down ...
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: ...