Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.

Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.

Valaris Limited VAL and Jadestone Energy are developing the Montara field offshore Australia, for which the Valaris 247 jack-up rig has arrived at the location. The jack-up rig is scheduled to ...

Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday, hit by US ...

By News Center Turkish Energy and and Natural Resources Minister Alparslan Bayraktar arrived in Şırnak with engineerin ...

UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating in the United States. For the three months ended ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

Oil prices fell by over 3% on Thursday after US President Donald Trump announced sweeping new tariffs which investors worry ...

An Australian operator has taken a decisive step to drill an offshore appraisal well on a gas discovery that if successful ...

SLB announced that it has been awarded a major drilling contract by Australian independent Woodside Energy for its ...