U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker ...
U.S. oil rig count rises while crude prices fall and production reaches a record high, signaling mixed trends in the energy ...
In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was higher than the prior week’s figure.
Baker Hughes (BKR) reports that the U.S. rig count is up 7 from last week to 589 with oil rigs up 5 to 482, gas rigs up 2 to 102 and ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Active rigs drilling for oil and gas in the U.S. increased by 7 to 589, the highest since mid-September, after declining by a single rig for three consecutive weeks, Baker Hughes said Friday in its ...
Enverus report suggests Permian Basin operators might cut 2025 spending to maintain oil production as prices approach $60 per ...
On Thursday, the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, pushed back the ...
Drilling activity broke out of its trend of sitting unchanged or inching lower, posting an increase for the first time in ...
The oil drilling services company files for Chapter 11 protection to hand 100% of its equity to its prepetition secured ...
Oil prices rose on Monday over greater uncertainty in the Middle East after the fall of Syria’s President Bashar-al-Assad’s ...
Of the 15,451 people directly employed by the licensed oil companies, their contractors and subcontractors, 13,038 are ...