According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

Artificial lift ... lifts the oil from the reservoir through the well to the surface. Usually pumping about 20 times a minute, the pumping units are powered electronically or via gas engine ...

The Zacks Oil and Gas - Drilling industry faces a mixed outlook, with domestic challenges and international opportunities shaping its future. U.S. rig counts have declined by 18% over the past ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after seeing no change in the four weeks ...

The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...