The Trump administration is proposing to restore the potential for oil and gas drilling on 13 million acres of government-owned Arctic land that had previously been restricted by the Biden ...

Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper ...

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 ...

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

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

The total U.S. rig count is made up of 483 oil rigs, 99 gas rigs, and five miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 527 horizontal rigs ...

The U.S. added two oil rigs and one natural gas rig in the week ending Friday. The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly ...

A year ago, 317 rigs were active in the region. Nationally, the oil and gas rig count is up two from last week at 587 rigs. A year ago, 613 rigs were active. The count shows that 483 rigs sought ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

April 11 (Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total ...