Economic uncertainty and price volatility sent drilling activity down a seventh consecutive week. The rig count remains at lows not seen since November 2021. Oilfield services firm Baker Hughes said ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest ...

The total number of active drilling rigs for oil and gas in the United States fell yet again in the week ended June 13, according to new data that Baker Hughes published on Friday, following a 4-rig ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a significant increase in rig activity, rising ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, ...

The U.S. dropped four rigs week on week, while Canada added two rigs during the same timeframe, taking the total North ...

The rig count in Canada gained 24 rigs to reach 138 working for the week. The rise is largely attributable to oil-directed rigs, which increased by 22.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.