"If oil does go into lower $60s or upper $50s, public independents that are already capital disciplined are going to have to cut their budget and cut rigs," said Bryan Sheffield, founder of energy ...

Increased production efficiency counteracted a decrease in the number of active oil rigs, resulting in L48 production increasing 3% last year. Unlike in the L48 states, production in Alaska and ...

Experience the reasons behind the high salaries of workers on offshore oil rigs, where harsh conditions and demanding work lead to significant financial rewards. These employees endure extreme ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

(Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm ...

The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

The Department of the Interior announced Thursday it would no longer require the Bureau of Land Management to produce an environmental impact statement for thousands of oil and gas leases in seven ...

HOUSTON, April 9, 2025 /PRNewswire/ -- Tachyus has entered into an agreement with INEOS USA Oil & Gas LLC (INEOS) to deploy Aurion, its cloud-scalable platform for carbon accounting, monitoring ...

The total U.S. rig count is made up of 489 oil rigs, 96 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 529 horizontal rigs, 48 ...

Monday afternoon traffic was impacted when a big rig overturned on the 110 Freeway in Gardena, spilling gallons of coconut oil onto the road. It's unclear what caused the truck to crash ...

GARDENA, Calif. (KABC) -- An overturned big rig carrying coconut oil shut down the southbound 110 Freeway transition to the eastbound 91 Freeway for several hours in Gardena Monday, authorities said.