The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 250 rigs active in the region. A year ago, 304 rigs were active in the region. Nationally ...

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North America added two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on August 8. Although the U.S. dropped one rig week on week, Canada ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

Saudi Arabia’s active oil drilling units declined for a sixth straight month, reaching the lowest level in over two decades, as investments in natural gas projects gain momentum. Saudi Arabia’s oil ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

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July 18 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed ...

(Update) June 10, 2025, 5:14 PM EST: Article updated with DOE statement. North America cut two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published ...

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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 ...

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of environmental ...