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, ...

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

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.

Teenage filmmaker Sheena Rock’s short, which screens this Saturday, explores the unintended beauty and ecological benefits of ...

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

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. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

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

The number of active drilling rigs in the United States stands at 588 this week, up by two from the previous week but down by 33 from a year ago, according to the weekly data released Friday by ...

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