"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 ...

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 ...

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 ...

Stonewall County Judge Ronnie Moorhead said the project, led by Swenson Solar, will benefit the county, especially given the recent decrease in oil rigs in the area. “They’re going to be ...

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.

Oil prices slid 2% to a nearly four-year low on April 7 on worries U.S. President Donald Trump's latest trade tariffs could push economies around the world into recession and reduce global demand for ...

Baker Hughes reported Friday that active US oil rigs in the week ending April 4 rose +5 rigs to a 10-month high of 489 rigs, moderately above the 3-year low of 472 rigs posted on January 24.