Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

MIDLAND, Texas — In the heart of the country ... center some 500 miles away in Houston, where the oil giant monitors all its active rigs. “It’s a game changer,” said Ryder Booth, leader ...

Good help can be hard to find in the oil patch these ... in the University of Texas Libraries collection. Thanks to improved operational efficiency over the years, each rig now requires fewer ...

The size of the oil rig, now at your fingertips.Bringing modern technology to an aging industry, underground. “We’re one of the first companies to bring in ...

A key data release may underline how the US oil industry is reining in production growth in response to lower prices.

The wily wildcatters of West Texas seemed to belong to the ... I asked one oilman if oil companies used one kind of rig to drill for oil and a different kind of rig to drill for gas.

A family operating an oil terminal in Texas was indicted for receiving shipments of smuggled oil connected to the Cartel de ...

Related: Oil field of study: Texas Tech raises mast on nation's first operational on-campus rig Students are still bused out to Midland to see the big oil fields and how operations are done down ...

US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.

The oil-focused acquisition will give Ovintiv a larger Midland presence ... East Daley currently allocates 7 rigs from the acquired companies in Martin County, TX while OVV has 1 rig in Howard ...

The number of rigs drilling for crude oil rose one rig to 479, still 21 fewer rigs than the 500 rigs seeking oil last year. The number of rigs drilling for natural gas was down two rigs to 99 ...

Drilling activity continues to decline as operators reduce their plans amid lower oil prices. Baker Hughes said Friday its U.S. rig count fell two rigs to 576 rigs for the week, the third consecutive ...