In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major ...

Onshore rigs in the week that ended on Nov. 22 totaled 568, in line with the prior-week count. In offshore resources, 13 rigs were operating, lower than the week-ago count of 14. U.S. Oil Rig ...

Petrobras let contracts to EBS Perfurações and Conterp for new drilling rigs to expand onshore oil and gas production in Brazil's state of Bahia.

The oilfield services industry is expected to shrink by 0.6% in 2025 due to a decline in shale/tight oil and other onshore segments.

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

In the top three, Exxon’s onshore production was 1.96 ... the art of efficiency gains—fewer rigs in 2024 allowed for an increase in total oil and gas production in America.

Given the highly competitive nature of the oilfield-services market, particularly onshore ... demand for oil, particularly from offshore basins. NOV is the largest provider of rig technologies ...

With the weekly rig count declining, should investors keep an eye on leading oil and gas exploration companies ... let's explore the latest rig count data details. Onshore rigs in the week that ...