The US oil and gas rig count, a precursor to future production levels, has fallen to its lowest point since December 2021.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...

Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...

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The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 576, extending a recent decline to its lowest level since December 2021, Baker Hughes said.

The rig count in the Permian Basin was down six this week ... A year ago, 310 rigs were active in the region. Nationally, the oil and gas rig count is down four from last week at 576 rigs.

Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...

Manuj Nikhanj, Enverus chief executive officer, noted that in 2024 the top 10 public operators represented 56% of production ...

The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 580 to its lowest level since December 2021, Baker Hughes said.

Baker Hughes said oil rigs fell by six to 472 this week, their lowest since December 2021, while gas rigs rose by one to 99. In the Permian Basin in West Texas and eastern New Mexico, the nation's ...

The oil and gas industry has been talking up the potential of the Powder River Basin for 20 years. Even so, Wyoming’s busiest ...