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U.S. energy firms this week added the biggest number of oil and natural gas rigs in a week since September, with the oil rig count also rising to its highest in six months, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose by seven to 629 in the week to March 15. Despite this week's rig increase, Baker Hughes said the total count was still down 125 rigs or 16.6% below this time last year.
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in...
by Bloomberg | Devika Krishna Kumar and Christopher Charleston | Oil held steady after...
Owning mineral rights can be both a rewarding and challenging experience, especially if you...
By Tsvetana Paraskova for Oilprice.com | Russian oil companies and officials have discussed the...
BP has officially abandoned its 2030 target to significantly cut oil and gas production,...
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main...
U.S. energy firms have reduced the number of oil and natural gas rigs for...
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Brent crude prices have climbed 8.5% so far this week on concerns over conflicts...
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