The number of total oil and gas drilling rigs in the U.S. lost 1 to 554, again reaching their lowest total since November 2021 and falling for the eighth straight week, Baker Hughes reported Friday in ...

The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...

US oil and gas drilling activity slipped by a single unit this week, leaving 554 rigs running. Canada gained a unit, ending the week with 139 total rigs working.

WTI crude oil Wednesday closed up +0.30 (+0.40%), and July RBOB gasoline closed up +0.0367 (+1.62%). Crude oil prices whipsawed Wednesday in volatile trade and finally settle ...

WTI crude oil Monday closed down -1.21 (-1.66%), and July RBOB gasoline closed down -0.0077 (-0.35%). Crude oil prices surged by +5% initially on Sunday night as the Israel-I ...

The number of total oil and gas drilling rigs in the U.S. fell for the sixth consecutive week, down by 4 to 559 to the lowest count since November 2021, Baker Hughes reported Friday in its latest ...

Oil rigs achieve this by displacing water with enough ... at their tops for crew quarters and all oil drill operations. Mini-Tension Leg Platforms, also known as Sea Stars, are floating platforms ...

The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this ...

Total rig count falls six to 578, oil down five, gas steady Gulf of Mexico rig count drops to lowest since September 2021 Permian shale rig count hits lowest since December 2021 May 9 (Reuters ...

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 ...