U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...

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The number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil ...

Brazilian drilling contractor Ventura Offshore is in talks to acquire local rival Foresea for up to $800 million, according ...

Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...

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The signing ceremony took place at the iktva Forum & Exhibition held in Dhahran Expo from 13-16 January 2025 The advanced ...

The rig count in Canada ended the week with an additional 16 rigs running. For the week ended Jan. 24, the rig count in Canada stood at 245 units, 15 more than were working this t ...

In the Haynesville shale in Arkansas, Louisiana and Texas, drillers cut two rigs, bringing the total down to 29, the lowest since January 2017. In the Williston basin in Montana and North Dakota ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in ...