Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and ...

OPEC+ eyes a 411k bpd output hike in August—can WTI hold above $65 as demand weakens and triangle support faces pressure?

Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since ...

As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...

BISMARCK – North Dakota’s oil production was at 1.171 million barrels per day in April, a slight decline from March when the ...

The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...

A new Baker Hughes report showed a decline in the US oil rig count for the eighth consecutive week — a signal of potentially lower crude supply from the US. The number of US oil rigs decreased by one ...

Baker Hughes said oil rigs fell by six to 432 this week, also their lowest since October 2021, while gas rigs decreased by two to 109. In June, drillers cut 16 oil and gas rigs, putting the total ...

North Dakota oil production fell slightly in April, but gas production continued to grow, according to the state's top oil ...

Nation's soaring oil and natural gas production may buffer energy prices if Israel-Iran conflict disrupts global supplies, ...