U.S. energy companies have reduced the number of natural gas and oil rigs in operation to the lowest level since late July. This is due to a slowdown in rig
Baker Hughes: U.S. oil & gas rig count falls for first time in 25 months
This week, energy firms increased the number of U.S. oil rigs but reduced the August count for the first time since August 25 months ago. Even though oil prices are
U.S Permian Basin On Track For Record September Production
According to the Energy Information Administration (EIA), the largest shale basin in America, the Permian is expected to produce a record 5.408 billion barrels per day by next month. Production
Baker Hughes: U.S. oil & gas rig count falls for second week in a row
U.S. energy companies have reduced the number of natural gas and oil rigs for the second week in succession. The rig count is an indicator of future output, but it
The week ended with oil prices at multi-month lows due to recession fears
On Friday, oil prices closed higher, recovering some of the losses from this week’s weak U.S. job growth data. However, they closed the week at their lowest level since February
Baker Hughes: U.S. drillers oil rig count falls by the most since September
U.S. oil firms have cut their number of oil drilling rigs by more than 80% since September. This is because production increases incrementally and energy firms are increasing shareholder returns
Baker Hughes: U.S. drillers add oil-and-gas rigs for the fourth week of five.
U.S. energy companies added oil and natural gas drilling rigs this week for the fourth time in five consecutive weeks, despite high crude prices and the slow recovery of crude
The record-breaking 23 months in which the US has added oil and gas drilling rigs – Baker Hughes
U.S. energy companies added oil and natural gas drilling rigs this week for the second consecutive week, a record 23-month run of increases. This was due to high crude prices
The U.S. oil and gas rigs for second week in a row -Baker Hughes
U.S. energy companies added oil and natural gas drilling rigs this week as crude production returns to pre-pandemic levels. President Joe Biden also criticized oil producers for making huge profits
The U.S. oil and gas rig count drops for the first time in 31 week -Baker Hughes
U.S. energy companies cut oil and natural gas drilling this week for the first time in 31 weeks. However, the rig count increased for the record 22nd consecutive month.
The ninth week in succession, U.S. drillers added oil and gas rigs – Baker Hughes
U.S. energy companies added natural gas and oil rigs this week for the ninth consecutive week, data showed Friday. This is because small producers are responding to high prices and
