Permian, overall US rig counts each up 7 US oil-directed rigs also rose for a 16th consecutive week, gaining 6 units to 703,...
The US oil-rig count increased by nine to 697 this week, according to Baker Hughes. The E&P’s continue to take advantage of...
Oil falls below $50 as U.S. rig count climbs again. The markets remain heavily oversupplied, evidenced by falling oil prices and rising...
Oklahoma Now At 125 Rigs U.S. crude production will likely rise in the months ahead as E&P’s added rigs for a 13th week, capping...
No end in sight for the rig count. As the rig count data showed yet another increase, the price of oil is...
Eleven in a row as oil rises On Wednesday, the Energy Information Administration said U.S. crude stockpiles only rose by 867,000 barrels last week...
RIG COUNT INCREASES 21 THIS WEEK TO 789; OKLAHOMA UP 10 Friday’s Baker Hughes rig report revealed that the number of active...
Oil Falls as Rigs Rise The oil market had remained stable the past few months, with prices moving little and hovering between $51 to...
7 Straight Weeks – Rigs Rise Again The number of rigs drilling for crude oil increased by seven week-over-week, but the total...
Weekly count of U.S. oil rigs topped 600 for the first time since October 2015 The latest sign of recovery in the...