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

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Baker Hughes, a leading energy services company, said that the U.S. firms have cut their number of oil and gas rigs for the ...

The rig count in Canada ended the week with an additional 16 rigs running. For the week ended Jan. 24, the rig count in Canada stood at 245 units, 15 more than were working this t ...

The number of oil rigs in the US fell by six in the week ended Friday, while crude futures were headed for the first weekly decline in five weeks. The count for oil fell to 472 rigs from 478 last week ...

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 ...

Baker Hughes (BKR) reports that the U.S. rig count is down 4 from last week to 576 with oil rigs down 6 to 472, gas rigs up 1 to 99 and ...

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.

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 ...

The number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil ...

Despite President Trump's intentions, a significant uptick in U.S. oil production is highly unlikely', Rystad noted in a ...