U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...

The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

Transocean (NYSE:RIG – Get Free Report) is projected to issue its quarterly earnings data after the market closes on Monday, February 17th. Analysts expect the company to announce earnings of $0.02 ...

Trump said he has directed Interior Secretary Doug Burgum to undo Biden's ban on future offshore oil drilling on the East and West coasts.

Baker Hughes, a leading energy services company, said that U.S. firms added oil and gas rigs this week for the third ...

So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.” ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The company will refinance a term loan worth $500 million and revolving facility for $750 million maturing in Oct. 2025, CFO ...