US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...
US oil producers face new challenges as top oilfield flags
U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...
Midland Reporter-Telegram on MSN6d
Permian Basin drilling activity falls to a three-year low
U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.
OilPrice.com13d
U.S. Oil and Gas Rig Count Rises Slightly Despite Uncertainty
The total number of active drilling rigs in the US rose slightly this week, according to Baker Hughes, but remains lower than ...
U.S. oil firms facing slowest Permian oil output growth since pandemic, with costs rising too
Crude oil futures gained for a third straight week, as U.S. sanctions against Iranian and Venezuelan oil raised some ...
US gas players refocus on Haynesville basin, buoyed by Trump LNG plans
U.S. natural gas producers and investment firms are gearing up for more activity in Louisiana's Haynesville shale basin, ...
New Mexico oil production doubles, ranks second in U.S.
New Mexico's oil output has doubled since 2019, making it the second-largest producer in the U.S., behind Texas.
New Mexico Legislators OK Increase on Future Oil Royalty Rates for Prime Land
New Mexico's Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime parcels in ...
Yahoo Finance8d
US oil producers face new challenges as top oilfield flags
The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to become the world's top oil producer, stealing market share from the ...