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US oil and gas rig count falls to lowest since January, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...
How Are Offshore Oil Rigs Built?
If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are ...
US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...
Crude Oil Prices2d
US Oil Drillers Slow Activity As Prices Hurt, Even in Permian
The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last week ...
E&E News6d
Interior to unwind Biden rule on offshore oil rig cleanups
Interior said Friday that a rule implemented in 2024 to impose supplemental financial bond requirements on offshore drilling ...
BOE Report3d
Texas oil drilling applications hit 4-year low as producers weigh OPEC+ hike, trade war
Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since ...
A top exec says America's oil industry is at a 'tipping point' and US production is set to drop
The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
Yahoo Finance2d
US oil and gas rig count falls to lowest since January, Baker Hughes says
The oil and gas rig count, an early indicator of future ... in spot gas prices in 2025 would prompt producers to boost drilling activity this year after a 14% price drop in 2024 caused several ...