The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...

For most of 2025, American shale producers have been trimming back their operations. Companies such as Diamondback Energy and ...

During a daylong hearing in Martin County Friday, a judge was told Pioneer Natural Resources had “fabricated” the basis for ...

The number of total oil and gas drilling rigs in the U.S. lost 1 to 554, again reaching their lowest total since November 2021 and falling for the eighth straight week, Baker Hughes reported Friday in ...

US oil and gas drilling activity slipped by a single unit this week, leaving 554 rigs running. Canada gained a unit, ending the week with 139 total rigs working.

Blackbeard’s treasure is buried beneath the Permian’s Central Basin Platform. While oil majors chase deeper waters, the ...

President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...

US crude stockpiles dropped by the biggest amount in nearly a year. The Energy Information Administration reports commercial ...

Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal ...

US shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize ...

President Trump warned American oil producers Monday that he was watching closely for a crude price spike as the Middle East ...