U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the ...

The number of total drilling rigs in the U.S. fell sharply during the past week, declining by 6 to 578, Baker Hughes said in its latest weekly survey.

U.S. rig count drops for a second week, hitting its lowest since January as drilling activity slows nationwide, with Texas ...

The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 285 rigs active in the region. A year ago, 314 rigs were active in the region.

North America dropped 11 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 2. The U.S. dropped a total of three rigs week on week and ...

The number of drilling rigs in the U.S. fell for the first time in three weeks, declining by 3 to 584, according to the latest survey from Baker Hughes.

The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 287 rigs active in the region. A year ago, 316 rigs were active in the region.

US operators in the Lower 48 expect to reduce their rig counts later this year amid global market volatility, officials with drilling contractor Nabors Industries said on Wednesday. Nabors ...

North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline. North American drilling activity declined for ...

Contract brings total to six next-gen rigs since July 2024, aligning with 2028 rig targets The high-spec rigs will support operations at the offshore Zakum development, part of ADNOC’s broader ...

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 ...