Jacobson has been running the company for 11 years now, and he said he tries to operate Twin Falls Oil Service as a “family ...

Colombia's national oil company, Ecopetrol, is facing accusations of failing to report and rectify oil spills, leading to significant environmental damage and scrutiny. A whistleblower has come ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

April 11 (Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services ...

Rigs targeting natural gas increased by 1 unit to 97. Those rigs targeting oil, meanwhile, decreased by 9 to 480. There were 6 rigs considered unclassified, up 1 unit from a week ago. Rigs ...

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CALGARY – The head of Canada’s biggest oil and gas advocacy group says companies are looking through the recent market upheaval and focusing on the long-term demand outlook. Lisa Baiton, president and ...

CALGARY - Canada’s oilpatch should be better able to weather the current slump in crude prices than it was during past downturns, industry players said Tuesday. West Texas Intermediate crude ...

"The best cure for low prices is low prices, and that tends to rebalance the market." Randy Ollenberger, head of oil and gas research at BMO Capital Markets, said the mood at the energy conference was ...

Looking at production, 2024 oil volumes for the U.S. adjusted for the effects of asset sales and the first quarter Callon production were 128,000 barrels of oil per day. With the 8-rig program ...