U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...

Baker Hughes reported this week that the total active rig figure—oil, gas, and miscellaneous—is 248 rigs higher than the rig count this time in 2021. Oil-directed rigs rose 4 to 520, while gas ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...

The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same time last year. The number of oil rigs stayed the same—down by 18 compared to this time last year.

The oil and gas rig count, an early indicator of future output, fell by 11 to 630 in the week to Sept. 22, the lowest since February 2022. , , Sign up here.

The oil rigs remained steady at 483, while gas rigs fell by one to 97 this week. The rig count dropped about 20% in 2023 following significant increases in 2021 and 2022, due to lower oil and gas ...

For Chris Dartnell, President of the Oil, Gas and Petrochemicals Business at Schneider Electric (EPA:SU), it signifies the confluence of information technology (IT) and operational technology (OT).