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U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...
The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...
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When a main drill bit is added to the process, the task is known as "spudding in" and occurs on the "spud date." With offshore oil rigs, the spud date is when the drill begins working on the seafloor.
U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday.
The share price of San Juan Basin Royalty Trust (NYSE:SJT) fell by 14.13% between June 18 and June 25, 2025, putting it among the Energy Stocks that Lost the Most This Week. An oil rig worker in ...
An oil rig in Alabama has caught fire on the east side of the Mobile River. The cause of the "2-alarm structure fire" is still unknown. According to an update posted to Facebook by the Mobile Fire ...
In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs has declined in two of the prior three weeks.
In the Permian Basin, America's busiest oil-producing region, business is good. It's not quite booming, though — and that's on purpose. Producers are aiming for steady growth.
Rig Count in the Most Prolific Basin Permian — the most prolific basin in the United States — recorded a weekly oil rig tally of 345, lower than the prior week's count of 347.