The number of oil rigs dipped by 2—down by 19 compared to this time last year. The number of gas rigs saw the same dropoff, losing 2 rigs to land at 98, a loss of 22 active gas rigs from this ...

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...

The Defense Ministry is pushing the idea of deploying a missile-defense system on a floating platform that will use the radar and other equipment from the now-abandoned land-based Aegis Ashore ...

Opinions expressed by Forbes Contributors are their own. Robert Rapier is a chemical engineer covering the energy sector. One of the most popular articles I have ever written is Average Gasoline ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs working for the week. The US drilling rig count increased by 2 units to ...

According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...

on a contractual basis to explore and develop oil and gas. These operators offer drilling rigs (both land-based/onshore and offshore), equipment, services and manpower to exploration and ...

(Reuters) - 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 since December 2021, energy services firm Baker Hughes said in ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely ...