The total U.S. rig count is made up of 474 oil rigs, 101 gas rigs, and three miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 522 horizontal ...

Welcome back to the Fluctus Channel for a special episode on life onboard offshore oil production platforms. In this episode, we will feature how oil rig workers spend their time offshore in one of ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Starting with the Baker Hughes oil rig count last Friday which showcased a decrease in the number of active oil rigs in the US, which tends to be a bearish sign for oil prices. Specifically ...

- In total, companies' combined net profits drop from approximately $259.2 billion in 2023 to $217.65 billion last year ...

Baker Hughes reported last Friday that active US oil rigs in the week ending May 9 fell -5 to 474 rigs, just above the 3-1/4 year low of 472 rigs posted on January 24. The number of US oil rigs ...

CHEYENNE – The April 2025 issue of the Wyoming Insight is available at the state of Wyoming's Economic Analysis Division website at ai.wyo.gov/divisions/economic ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Federal lawmakers should overturn the ban on exporting crude oil produced in the United States. As recently as half a decade ago, oil companies had no interest in exporting U.S. crude oil ...