The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

In the twilight depths of the Gulf of Mexico, about as deep down as a football field is long, U.S. Navy divers carefully snip ...

Port Fourchon at the southern tip of Lafourche Parish is the go-to service station for offshore energy production, serving as ...

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

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

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.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. It was the ...

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 ...

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.

EOG Resources said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including ...

The key hurdle is that conventional drilling technology cannot reach these extreme depths. This is precisely the problem that ...