Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its latest U.S. crude oil and natural gas proved...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced that it has released its annual list of...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices for their output for the rest of the...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are pushing a new tax provision that could deliver...
A key hearing is set for this Friday in Big Spring, Texas, in a legal battle that could have wide-reaching implications for...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is unfolding. Westwin Elements has set up in Lawton...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened a new frontier for North Slope development believes...
Tensions between Israel and Iran have sparked a surge in oil prices this June, causing effects across the U.S. energy landscape. Although...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms made it in the latest edition of the...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order fast-tracking the Uinta Basin Railway that could lead...
$MSFT earnings on Tuesday, $AMZN on Thursday...
Will they follow in $TSLA's footsteps? 🩸 pic.twitter.com/Qra3eWhtLl
— TrendSpider (@TrendSpider) October 21, 2023
Oct 20 (Reuters) U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since mid-September, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose two to 624 in the week to Oct. 20th. Despite this week's rig increase, Baker Hughes said the total count was still down 147, or 19%, below this time last year. U.S. oil rigs rose by one to 502 this week, while gas rigs also gained one to 118.
In the Haynesville shale in Arkansas, Louisiana and Texas, gas drillers this week added three rigs, boosting the total to 40. That was the first increase in the Haynesville since early July and the biggest increase since December 2022. A year ago, there were 70 rigs operating in the Haynesville.
U.S. oil futures were up about 12% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
A key hearing is set for this Friday in Big Spring, Texas, in a...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Have your oil & gas questions answered by industry experts.