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

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

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...

On crowded platforms, a small army labors to keep up the extraction of fossil fuels from the state’s oldest producing oil and ...

Discover the top 7 undervalued Energy Equipment & Services stocks for Monday, June 09 based on AAII’s Stock Grades.

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of ...

But that isn’t putting more drill bits in the ground ... of the company he’s run as chief executive since 2012. The oil rig count, he said, will likely be down 10 percent by the end of ...

Total rig count falls six to 578, oil down five, gas steady Gulf of Mexico rig count drops to lowest since September 2021 Permian shale rig count hits lowest since December 2021 May 9 (Reuters ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

John Horjes, president of Alaska Materials, announced April 13 that the company has entered into a definitive agreement with US Mat Systems. The agreement includes "exclusive rights" to all US Mat ...

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 ...