The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Because of global oversupply, U.S. crude oil has been priced in the high 50s — below the break-even point for a lot of oil ...

Baker Hughes (BKR) reports that the U.S. rig count is up 1 from last week to 548 with oil rigs unchanged at 418, gas rigs up 1 to 121 and ...

The number of oil and gas drilling rigs in the US added 1 to 548, Baker Hughes reported, as rigs targeting crude oil remained flat at 418 and gas rigs gained 1 to 121 ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The rig count in Canada is up 3 units to 193 working for the week, attributable to an increase in gas-directed rigs. In the ...

The number of oil rigs, an indicator of short-term production in the country, fell to 418 for the week ending October 10. The ...

While Canada’s rig count is up week-over-week, the count is down 19 from the 217 rigs working this time last year. This week, ...

In its August 29 rig count, Baker Hughes showed that North America cut seven rigs week on week. The company’s August 22 rig ...

Nigeria’s upstream oil sector is showing strong signs of recovery, with a 66% surge in active oil rigs reflecting renewed investor confidence and the impact of sweeping reforms aimed at revitalising ...