News

Neft Daşları, meaning “Oil Rocks,” was the world’s first oil-drilling platform. In recent decades, its population has dwindled, while sections have fallen into disrepair and been claimed ...
An offshore oil rig worker's typical day is based around 12-hour shifts, seven days a week. This is often organized as two weeks on and three weeks off. Some guys refer to this as a 14/21 shift.
Oil Rig Count Rises As WTI Jumps To $77 By Julianne Geiger - Aug 09, 2024, 12:08 PM CDT. ... The total rig count rose by 2 to 588 this week, compared to 654 rigs this same time last year.
U.S. crude oil prices have fallen more than 20% since Trump took office, to below $65 per barrel, making it unprofitable for many companies to drill.
Offshore oil rigs are like small towns out on the water. Here's how many people you can expect to find out there, and how long they stay before a break.
A continued slide in the U.S. oil rig count is supportive of prices. It’s seen likely to curb U.S. output growth. Baker Hughes reports U.S. oil rigs down by nine this week to 442.
Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still down 25% compared to February 2024.
In Neuquén, the nearest city, boffins crunch data from the rig and keep its drill trained on an oil-rich sliver of shale, just five metres thick. Nearly 40 of these machines dot Vaca Muerta ...
They found that some of the well sites in the densest parts of the city, such as the Murphy drill site in South L.A., owned by E&B Natural Resources Inc.; the Warren E&P, Inc. drill site in ...
The oil and gas industry has dominated Houston’s job market for decades, employing more people than nearly any other segment of the city’s economy. Now, its reign over Houston is waning as the ...