News

The world’s largest semi-submersible oil rig, the Ocean Ranger, stands in the path of a violent North Atlantic storm. Believed to be “unsinkable,” it vanishes beneath the waves hours later—taking all ...
In the years after the land deals, major oil companies prospected for oil in the Yukon Flats ... it owns a drilling ...
In the Permian basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale basin, the rig count declined by three rigs, cutting the total count to 294, the lowest since ...
US Drillers Add Oil and Gas Rigs for First Time in Four Weeks ... decades-old shale boom that turned the U.S. into the world's largest oil producer is drawing closer to its end, challenging ...
North America cut 18 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on March 21. Although the total U.S. rig count increased by one week ...
The oil and gas rig count, an early indicator of future output, fell by seven to 583 in the week to April 11, the biggest weekly decline since June 2024. Baker Hughes said this week's decline puts ...
In the years after the land deals, major oil companies prospected for oil ... it owns a drilling subsidiary that maintains some of the largest rigs on the North Slope. A new field in the Yukon ...