March 28 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab ...
"Drill, baby, drill!" was his rallying cry. But price may be a more powerful factor in the choice of energy sources.
(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
On average, respondents expect a West Texas Intermediate (WTI) oil price of $68 per barrel at year-end 2025, slightly lower ...
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Midland Reporter-Telegram on MSNPermian Basin drilling activity falls to a three-year lowU.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.
and its future primarily depends on contracting activity and the total number of available rigs at a given time rather than the price of oil or natural gas. Within the industry, it's interesting ...
The count shows that 484 rigs sought oil, down two from the previous week, and 103 explored for natural gas, up one from the previous week. The count also shows five miscellaneous rigs ...
India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...
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