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

Crude prices maintained their gains Friday after Baker Hughes reported that active US oil rigs fell to a 3-1/2 year low, a harbinger of lower future US crude production. Don’t Miss a Day ...

A routine task turned into a financial catastrophe. This oil rig was worth $350 million - until workers made a fatal mistake. New Poll Reveals Gavin Newsom’s Approval Rating 11 Expensive ...

Baker Hughes reported last Friday that active US oil rigs in the week ending May 16 fell -1 to 473 rigs, just above the 3-1/4 year low of 472 rigs posted on January 24. The number of US oil rigs ...

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.

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 ...

Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move that is likely to impact output in the third largest U.S. oil producer, the ...

U.S. energy producers this week cut the number of oil and natural gas rigs operating for the third week in a row for the first time since mid-April, energy services firm Baker Hughes said in its ...

NUPRC plans to increase active oil rigs from 36 to 50 by year-end ... a significant boost in production since acquiring assets from the Nigerian unit of Exxon Mobil Corp late last year. It predicted ...

For the week ended May 16, the rig count in Canada stood at 121, according to Baker Hughes data. There were 6 additional oil-directed rigs working in Canada last week and 1 additional gas-directed ...

On the U.S. supply side, oil rigs fell by 1 to 473 this week, their lowest since January, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday.