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

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 ...

Helmerich & Payne is undervalued due to macro headwinds, integration costs, and Saudi rig suspensions. Click here to read an ...

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.

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

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

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.

The J.P. Morgan analysts went on to state in that research note that visible OECD commercial oil stocks in the third week of ...