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U.S. energy firms added oil and natural gas rigs for the second time in three weeks, according to Energy Services firm Baker Hughes, in its closely followed report on July 19.
The total number of oil and gas rigs, an early indicator of future output, rose by two to 586 in the week ending July 19, its highest level since late June.
Despite this week's rig increase, Baker Hughes said the total count was still down 83 rigs, or 12%, below this time last year.
Oil rigs fell by one to 477 this week, their lowest since December 2021, while gas rigs rose by three to 103, their highest since mid-May.
A federal judge has hit the pause button on new oil and gas drilling...
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...
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed...
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A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
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