Oil rigs were up one in August, while gas rigs were down six for the month. In the Marcellus shale in Pennsylvania, Ohio and West Virginia, the nation's biggest gas-producing basin, drillers cut ...
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 ...
Since early 2023, almost all production growth has resulted solely from productivity gains. Explore more details here.
Within about two years, the price of a barrel of oil soared above $100 from less than $20, while the U.S. retail price of a gallon of gas more than ... why oil companies cut production.
Investing.com - Fear across global markets is expected to hit fever pitch in the coming week, with stock markets likely tanking and favorite commodity plays oil ... Investing.com - US natural gas ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row for the first ...
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...
Aug 23 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second ... That increase in oil prices should encourage drillers to boost U.S. crude ...
US energy firms last week cut the number of oil and natural gas rigs operating for a third week in a row for the first time ...
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 and 67 ...
(MENAFN- Khaleej Times) US energy firms last week cut the number of oil and natural gas ... the nation's biggest gas-producing basin, drillers cut two rigs, bringing the total down to 23, the ...
Sept 6 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row for the first time since late June, energy services firm Baker Hughes ...