The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 297 rigs active in the region. A year ago, 316 rigs were active in the region.

U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.

The number of oil rigs in the US decreased by two during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 484, while gas ...

Canada has 17 fewer rigs drilling for the week ended Mar. 28, according to Baker Hughes data. Despite the drop, at 163 rigs running, the count is 12 more than the year-ago level. The number of ...

The number of active rigs drilling for oil and gas in the U.S. fell by 1 to 592, their first decline in three weeks, Baker Hughes said Friday in its latest report. The decline reduces the total rig ...

The midpoint of the newly public company’s production guidance for 2025 is up nearly 40% from last year’s average.

Texas upstream employment rose by 1,900 positions in February to 205,400, according to TIPRO. Jobs in oilfield services jumped by 2,500 positions, while jobs in oil and gas extraction fell by 600. The ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, ...

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.

Shares of Transocean Ltd. (NYSE:RIG – Get Free Report) have earned a consensus rating of “Hold” from the ten brokerages that are currently covering the company, Marketbeat.com reports. One analyst has ...

Students from the University of Wyoming’s School of Energy Resources (SER) and College of Engineering and Physical Sciences ...