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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 ...
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 ...
The number of total oil and gas drilling rigs in the US fell for the seventh consecutive week, down by 4 to 555 to the lowest count since November 2021, Baker Hughes reported.
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 since November 2021, energy services firm Baker Hughes said in its closely ...
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.
Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.
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 its ...
The number of rigs drilling for crude oil fell by three to 439 rigs, the lowest level since October 2021 and down 49 rigs or 10% from 488 the previous June. The number of rigs drilling for natural gas ...
With its novel drilling technique, Quaise Energy aims to harness deep geothermal energy, providing a reliable, renewable ...
In its monthly Short Term Energy Outlook, the EIA said it expects U.S. crude- oil output will slip to 13.3 million barrels a day in the fourth quarter of 2026 from a record 13.5 million barrels a day ...
The U.S. dropped four rigs week on week, while Canada added two rigs during the same timeframe, taking the total North America rig count down to 673, comprising 559 rigs from the U.S. and 114 rigs ...