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U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...
The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide ...
President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...
lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
A year ago, 318 rigs were active in the region. Nationally, the oil and gas rig count is up two from last week at 585 rigs. A year ago, 619 rigs were active. The count shows that 481 rigs sought ...
Since last week’s report WTI’s price rose slightly and stabilised around $63 per barrel. We are to take a look at fundamental ...
Primary Vision’s Frac Spread Count, an estimate of the number of crews completing wells, fell during the week of April 4 to 205, compared to 209 in the week prior—still up slightly from 201 at the ...
We make a start with the US oil market comment by noting that as per the Baker Hughes US oil rig count, the number of active ...
The oil and gas rig count, an early indicator of future output, fell by two to 590 in the week to April 4. Baker Hughes said this week’s decline put the total rig count down 30 rigs, or 5% below ...
- Fresh sanctions on Iran, trade tensions, and Fed rate cut forecasts push oil prices higher ...
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