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A Permian Basin oil and gas operator agreed to pay $150,000 in fines and spend $500,000 to improve air quality in the...
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U.S. energy firms this month cut the most oil and natural gas operating since August, even as the rig count remained unchanged this week, 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, held steady at 600 in the week to May 31, 96 rigs, or 14%, below this time last year.
Oil rigs fell by one to 496, while gas rigs rose by one to 100.
In May, the total number of oil and gas rigs fell for the third month in a row, dropping by 13, the most in a month since August.
The number of oil rigs active in May fell by 10, its first monthly decline since January and the biggest monthly cut since September.
The number of gas rigs operating in May declined by five, the first time it has fallen in three months since July 2020.
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in...
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By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its...
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Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov....
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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