Baker Hughes said oil rigs fell by two to 484 this week, while gas rigs rose by one to 103. In the Permian basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale ...

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

while oil prices saw an increase before the rig data release. Drilling activity in the Permian Basin experienced a slight decline, and the Eagle Ford rig count held steady, both showing decreases ...

U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker ...

A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior.

- American Petroleum Institute (API) data show rise of 1 million barrels, contrary to market expectations of 2.6 million barrel decline ...

with oil rigs up seven, also the biggest monthly gain since November 2022, and gas rigs up four. The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas ...