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The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil rig counts and crude production dipped.
U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
North America added eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Three offshore oil rigs in Southern California are coming back online, a decade after a corroded pipeline carrying oil from the platforms ruptured and spilled more than 100,000 gallons of crude oil.
North America added 17 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
The decrease in the oil rig count may signal potential challenges for the stock market, particularly for companies within the energy sector. A lower rig count often suggests reduced oil production ...
Canada’s oil and gas drilling rigs are having a slow start to the summer — even as talk of potential new pipelines heats up.
Explore the Rigs to Reef program's benefits for marine life and conservation efforts.
The number of total oil and gas drilling rigs in the US fell by 2 to 542, resuming their decline after last week's gain followed 11 consecutive weekly declines, Baker Hughes reported.
Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, but losses were curbed by investors weighing a ...