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 ...

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 ...

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 ...

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 ...

He was a supervisor on the Transocean-owned rig when it exploded 40 miles off the southeast Louisiana coast in 2010, killing 11 of his crewmates in the worst offshore oil disaster in U.S. history.

In its February 28 rig count, Baker Hughes showed that North America added five rigs week on week. Its February 21 count ...

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Dyll said when it comes to transporting rigs and oil field equipment, trucks mainly will be used. Rig mobilization and assembly expenses depend on how far the rig is being transported, but can run ...

Check here for weekly updated oil and gas drilling rig counts in the Permian Basin, New Mexico and Texas, reported by Baker Hughes. Feb. 9, 2024. New Mexico added three rigs in the last week for a ...

U.S. oil rigs rose 9 to 622 this week, their highest since March 2020, while gas rigs held steady at 155. Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S ...

Deepwater Oil Rigs May Fetch $600,000 a Day as Spending Expands. Noble CEO sees demand growth boosting rates starting in 2026; Deepwater spending forecast to reach $79 billion through 2027 ...