May 10 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed ...
May 17 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes (BKR.O) , opens new tab said in its closely ...
Oil drillers in the U.S. cut the number of active rigs by the largest weekly amount in nearly two years, as an ongoing slowdown in the industry continues, Reuters reported on Friday. The ...
Chris Helman tracks energy innovators and oil tycoons from Houston. And the pain has been felt much farther afield. Equipment giant Caterpillar has cut 5,000, Siemens 13,000. Makers of steel ...
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 8 to 605 ...
U.S. drillers have the potential to double oil output from existing wells, thanks to new drilling efficiencies and innovations such as shale well refracturing Higher drilling efficiency is ...
Opinions expressed by Forbes Contributors are their own. David Blackmon is a Texas-based public policy analyst/consultant. Given the state of other market factors, it’s a trend that seems ...
US drillers cut oil and gas rigs for fourth week in a row NEW YORK, April 12 (Reuters) - Oil rose around 1% on Friday, but was set for a small weekly loss, as geopolitical tensions in the Middle ...
U.S. energy companies this week cut the number of oil and natural gas rigs operating for a second week in a row, to the lowest since January 2022, Baker Hughes said in its closely followed ...
NEW YORK, - Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal Reserve interest ...
In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was higher than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers ...