News

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...
North America added nine rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on July 11. Although the U.S. dropped two rigs week on week, Canada ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...
There were 10 additional oil-directed rigs in Canada this week and 1 additional gas-directed rig, bringing the week’s totals ...
The oil and gas rig count, an early indicator of future output, fell by eight to 539 in the week to July 3, the lowest since ...
Eddy County, New Mexico, remains the most active county in the Permian with 44 rigs, down one for the week. Lea County, New ...
Midland Reporter-Telegram on MSN12d
Rig count slump stretches to 10 weeks
Oilfield services firm Baker Hughes said its weekly U.S. rig count fell eight rigs to 539 rigs, the lowest level since ...
The total North America rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig count.
Baker Hughes said oil rigs fell by six to 432 this week, also their lowest since October 2021, while gas rigs decreased by two to 109.
A new Baker Hughes report showed a decline in the US oil rig count for the eighth consecutive week — a signal of potentially lower crude supply from the US.
The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...