U.S. oil firms reduced oil rigs the most in this week since September. This resulted in a decrease in the total oil and natural gas count for a second consecutive
USA drillers add 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 for the second consecutive week, as high oil prices encourage them to drill more.
USA drillers add oil and gas rigs for third week in four – Baker Hughes
U.S. energy companies added oil and natural gas drilling rigs this week for the third time in just four weeks. This is because of high oil prices that encourage them
Baker Hughes: U.S. oil & gas rig count falls to lowest since late July
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