The oil and gas rig count, an early indicator of future output, fell by four to 559 in the week to June 6, the lowest since November 2021.

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

Man Says People 'Don't Realize How Difficult' His Unusual Job Is: 'Didn't Get a Single Day Off in 4 Weeks' (Exclusive) Kevin O'Connor spends four weeks at a time working on an offshore oil rig.

Oil rigs keep the black gold pumping out of the ground at a steady clip, but who owns the most oil rigs? There's one leader that's far ahead of everyone else.

U.S. oil and gas rig count falls for the third week in a row as drilling activity slows and operators cut plans due to lower oil prices.

Supervisor Holly Mitchell cited multiple studies and reports suggesting both short- and long-term health hazards for people living near oil drilling sites.

Welcome back to the Fluctus Channel for a special episode on life onboard offshore oil production platforms. In this episode, we will feature how oil rig workers spend their time offshore in one ...

Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday.

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?

In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded in the Gulf.

The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly plummeting below $60 per barrel.