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.

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

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 ...

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.

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

A local oil-field service company that shed dozens of local jobs last year has announced additional layoffs amid what has become a historically tough time for one of Kern's most important industries.

Johan Castberg has an average water depth of 360-390 meters (1,181.1-1,279.53 feet) according to Equinor. "Johan Castberg has ...

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