The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 ...
Meanwhile, the US oil and gas rig count fell by 2 units last week to 588 vs. 630 last year at this time. While the Fed rate cut provided the biggest positive economic news for the week ...
Oil prices increased on Tuesday, driven by concerns over US supply disruptions following Hurricane Francine and growing expectations that the US Federal Reserve may cut interest rates ...
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas ...
US energy firms last week cut the number of oil and natural gas rigs ... the nation’s biggest gas-producing basin, drillers cut two rigs, bringing the total down to 23, the lowest ...
In Pennsylvania, meanwhile, drillers cut two rigs, bringing the total down to 16, the lowest since June 2021. The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 ...
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