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

US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.

Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.

The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended May 30, according to Baker Hughes data. The count is down 37 units from the 600 rigs working this time a year ...

US drillers pumped a record amount of oil in March, but the final number came in lower than government figures previously ...

Rig operators, the companies who own and operate oil rigs, face a maze of employment law whether their operations are onshore or offshore, big or small. The equal employment guarantees of federal ...

The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

Oil has been powering the global economy for over a century, and its extraction is a highly complex and challenging process, especially when done offshore. The history of offshore drilling began in ...

Researchers in the U.S. have come up with a new method that could potentially predict underwater landslides before they ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...