The words ‘drill, baby, drill’ were writ large across Donald Trump’s 2024 presidential campaign, and the three words have since summarised the US President’s oil and gas policy. The US’ oil reserves ...
Dec 20 (Reuters) - A new generation of land-based oil and gas rigs is halving drilling time and cutting costs for customers, but also setting a clear divide for investors between firms that have the ...
Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...
Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...
New Mexico added three rigs in the last week for a total of 103 drillings operating as of Feb. 9, according to Baker Hughes. That's eight less than the total of 109 rigs reported on the same date last ...
The number of total active drilling rigs in the United States rose by 1 this week, according to new data from Baker Hughes published on Friday. The total rig count rose to 764 this week—243 rigs ...
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New Year Starts With Fewer U.S. Oil and Gas Rigs
The total number of active drilling rigs for oil and gas in the United States fell by 4 this week, according to new data that ...
Check here for weekly updated oil and gas drilling rig counts in the Permian Basin, New Mexico and Texas, reported by Baker Hughes. New Mexico saw no change to its rig count in the last week, as of ...
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