U.S. Oil & Gas Rig Count Falls for Fourth Week in a Row: Baker Hughes
The number of oil and natural gas rigs operating fell for a fourth week in a row for the first time since July 2020.
U.S. Oil & Gas Rig Count Falls for Third Week in a Row - Baker Hughes
The oil and gas rig count, an early indicator of future output, fell for the third week in a row by four to 749 in the week to March 3, the lowest since June.
U.S. Drillers Cut the Most Oil and Gas Rigs in a Month Since June 2020: Baker Hughes
U.S. oil rigs fell seven to 600 this week and gas rigs stayed unchanged at 151, still up 103 rigs, or 15.8%, over this time last year.
US Oil, Gas Rig Count Falls for Second Time in Three Weeks: Baker Hughes
The U.S. oil rig count slipped to 607 the week ending Feb. 17, but the gas rig count rose to 115, according to Baker Hughes.
Abu Dhabi's ADNOC Drilling Net Profit Rises 33% in 2022
ADNOC Drilling was able to report a 33% net profit increase in 2022 due in large part to new rigs being added to the company's operational fleet, which now contains 115 rigs.
US Drillers Cut Most Gas Rigs in a Week Since 2017: Baker Hughes
The U.S. oil rig count rose to 609 by 10, while the gas rig count fell to 150 by eight, according to Baker Hughes.
US Oil, Gas Rig Count Falls by Most in a Week Since June 2020: Baker Hughes
This week, the U.S. oil rig count dropped 10 to 599, while the gas rig count slipped two to 158, according to oilfield services firm Baker Hughes.
US Drillers Leave Oil, Gas Rigs Unchanged: Baker Hughes
The U.S. oil and gas rig count remains steady at 771 in the week ending Jan. 27, according to Baker Hughes.
Uganda Unveils First Commercial Oil Production Drilling Program
Uganda discovered commercial reserves of petroleum nearly 20 years ago but has experienced delays over lack of infrastructure.
US Oil Rig Count Falls This Week by Most Since Sept 2021: Baker Hughes
The U.S. oil rig count fell 10 to 613, the lowest since November, while gas rigs rose six to 156, in their biggest weekly rise since February, according to Baker Hughes.