Pressure in the oil wells can build up really quickly. By flaring, the excess gas can be burned off safely so the pressure ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest ...

With a well reaching new depths and fundraising hitting new heights, Fervo Energy's enhanced geothermal system development is ...

Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

The total number of active drilling rigs for oil and gas in the United States came crashing down this week, according to new data that Baker Hughes published on Friday, following a 6-rig decrease ...

Inexperience and mistakes combined to cause one of the costliest accidents in offshore drilling history. Donald Trump's ...

- Downside risk to oil prices unless minimum 1 million bpd of oil removed from market, research firm says ...

June 6 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker ...

The oil and gas rig count, an early indicator of future output, fell by four to 559 in the week to June 6, the lowest since November 2021. Oil rigs fell by nine to 442 this week, while gas rigs ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes said in ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last ...

The total U.S. rig count is made up of 465 oil rigs, 98 gas rigs, and three miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 511 horizontal rigs ...