Patterson-UTI’s earnings were impacted by impairments but still shows strong cash flow. Find out why PTEN stock is a BUY with ...
The Midland Basin depleted its inventory of excess DUCs the most last year, falling from two months of runway to one during ...
17d
GlobalData on MSNUS oil and gas rig count hits lowest level since December 2021The US oil and gas rig count, a precursor to future production levels, has fallen to its lowest point since December 2021. According to Baker Hughes, the rig count decreased by four to 576 in the week ...
1d
Zacks.com on MSNPetrobras Expands Onshore Drilling in Bahia With $122M InvestmentPBR lets onshore drilling contracts to EBS and Conterp to boost oil and gas production in Bahia, creating jobs and strengthening Brazil's energy sector.
U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker ...
Helmerich & Payne missed earnings and revenue expectations amid strategic acquisitions and adjustments to market conditions.
American refineries still rely on Canada’s supply, while OPEC+ nations can manipulate global markets to undercut U.S.
Infinity Natural Resources CEO Zack Arnold told Hart Energy the newly IPO’ed company will stick with Ohio oil, Marcellus ...
In the Haynesville shale in Arkansas, Louisiana and Texas, drillers cut two rigs ... a 43% increase in spot gas prices in 2025 would prompt producers to boost drilling activity this year after ...
President Trump has pressured U.S. drillers and Saudi officials to cut oil prices to help end the Ukraine war. The pressure is unlikely to bear fruit.
US shale producers are focused ... Trump’s desire for more drilling, we explore what output would look like. First, we limit the theoretical potential rig increase in the Permian to 60, which ...
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