Rig count falls for second consecutive week

The rig count posted its steepest decline in eight months, dropping eight rigs while Texas and the Permian also fell. Read More

Oil settles down on US jobs data, steepest weekly loss in 3 months

Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal Reserve interest rate cut. Read More

U.S. oil rig count drops for sixth time in seven weeks

The number of active oil and gas drilling rigs in the US continues to decline, with a drop of 8 in the past week, according to Baker Hughes. Read More

Number of U.S. oil and natural gas rigs down

Biden Administration invests $6.1 billion in Micron to grow semiconductor industry in U.S., to create nearly 50,000 jobs ... Read More

US oil rig count up by 5 for week ending April 19

- Inventories increase by around 3.5 million barrels to 443 million barrels, higher than market expectation of 4.3 million-barrel rise ... Read More

Basin rig count up two as prices drop

A year ago, 358 rigs were active in the region. Nationally, the oil and gas rig count is up two from last week at 619 rigs. A year ago, 753 rigs were active. The count shows that 511 rigs sought ... Read More

US drillers cut oil and gas rigs for third week in a row - Baker Hughes

The oil and gas rig count, an early indicator of future output, fell by one to 620 in the week to April 5, the lowest since early February. , , Baker Hughes said that puts the total rig count down ... Read More

Canada adds 5 rigs this week; US count down by 3

while the oil rig count increased by 5 units to 70. US drilling activity was down slightly this week with a 3-unit decrease to reach 617 rotary rigs working. Last year at this time, 751 rigs were ... Read More

US Oil Drilling Rig Tally Rises, Natural Gas Count Declines

In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count ... every week since 1944, helps energy service providers gauge the overall business environment of the oil and ... Read More

US Oil & Gas Drilling Rig Tally Falls: Here's What it Means

In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count ... every week since 1944, helps energy service providers gauge the overall business environment of the oil and ... Read More