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 number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

Under the alliance, Arabian Drilling will gain access to Shelf Drilling's extensive international operating platform and ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

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, ...

U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

Baker Hughes said oil rigs rose by one to 481 this ... increase in spot gas prices in 2025 would prompt producers to boost drilling activity this year after a 14% price drop in 2024 caused several ...

Argus raised the firm’s price target on Baker Hughes (BKR) to $55 from $43 and keeps a Buy rating on the shares. Baker Hughes’ higher earnings ...

Baker Hughes reports a rise in US drilling activity, with the rig count increasing by four to 586, marking a second consecutive weekly gain.