The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 301 rigs active in the region. A year ago, 316 rigs were active in the region.

U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.

Harold Hamm, oil magnate and founder of Continental Resources, issued a stark warning: if oil prices remain at current levels ...

The number of oil rigs in the US increased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil rose to 487, while gas lost ...

Canada dropped 35 rigs for the week, according to Baker Hughes data. With 199 rigs running, the count is 8 fewer than the 207 units drilling this week a year ago.

The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said Friday in its latest report. Drilling ...

The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data ...

Baker Hughes (BKR) reports that the U.S. rig count is unchanged from last week at 592 with oil rigs up 1 to 487, gas rigs down 1 to 100 and ...

U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker ...

Montanstahl is contributing to new possibilities in steel shape manufacturing to assist the offshore industry solve problems in both the traditional and renewable energy sectors. With custom designed ...

Norway's Kongsberg Maritime has signed a contract to design and equip two state-of-the-art multipurpose subsea construction ...

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...