Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

The deepest offshore oil well was over 35,000 feet by the Deepwater Horizon, and the Maersk Voyager operated in the deepest ...

Helmerich & Payne is undervalued due to macro headwinds, integration costs, and Saudi rig suspensions. Click here to read an ...

The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended May 30, according to Baker Hughes data. The count is down 37 units from the 600 rigs working this time a year ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

Texas oil and gas operators' response to the 17% drop in West Texas Intermediate since the beginning of the year — cutting expenditures and drilling plans — is beginning to show up in a decline in ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. It was the ...