Increasing oil prices are leading to more drilling activity in several major plays in the US, including the prolific Permian basin of west Texas and south-eastern New Mexico. According to a weekly rig ...
Midland Reporter-Telegram on MSN
US oil and gas rig count drops for sixth straight week as drilling slows
Drilling activity remains at lows not seen since November 2021 as drillers press the brakes on activity plans amid low and volatile commodity prices. Oilfield services firm Baker Hughes said Friday ...
Drilling activity ended a two-week slump, inching higher by one rig this week. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose to 537 but remains down 45 rigs, or 8%, from 582 ...
North America's total rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig count. Image by Galina Atroshchenko via iStock North America’s total rig ...
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