News

Midland Reporter-Telegram on MSN2d
Rig count slump stretches to 10 weeks
Oilfield services firm Baker Hughes said its weekly U.S. rig count fell eight rigs to 539 rigs, the lowest level since ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since ...
The net change in the U.S. horizontal rig count is seven rigs—1% —fewer than at year-end 2024, a Hart Energy analysis shows.
Coterra Energy Inc. CTRA is keeping its rig count steady at nine in the Permian Basin, a sharp pivot from the earlier plan to ...
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 485 last year. The number of rigs drilling for natural gas fell by two ...
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its ...
The number of oil rigs operating in the United States fell by seven to 425 in the week ending July 4, marking a new cycle low ...
Baker Hughes' U.S. rotary drilling rig count was 547 on June 27, down by seven from the previous week -- the ninth consecutive week of drops. The count was down by 34 from 581 a year ago, down by ...
The oil and gas rig count, an early indicator of future output, fell by eight to 539 in the week to July 3, the lowest since ...