So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.” ...

The number of oil rigs in the US rose by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil advanced to 481 rigs from 480 last ...

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

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

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

The total North America rig count stands at 840, according to Baker Hughes' latest North America rotary rig count.

China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

Oil prices settled down on Friday on prospects for a peace deal between Russia and Ukraine that could ease global supply ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...