Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

Financial analysis of NOV's Q4 2024 performance and outlook for 2025, indicating potential limitations on free cash flow and shareholder returns. Click here to read.

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company, is pleased ...

US oil and gas drilling operator Noble has secured a new contract worth approximately $70m from Shell for its ...

Nabors Industries Ltd. NBR is set to report fourth-quarter earnings on Feb. 12, after the closing bell. The Zacks Consensus Estimate for the top and bottom lines is pegged at $730.4 million and at a ...

The reservoir of the Bozhong 26-6 oilfield is buried in metamorphic rocks beneath the seabed at a depth of over 4,500 meters, and its formation temperature can reach 178 degrees Celsius, making its ...

For the second time in roughly 30 years, oil wells leaking into a Michigan lake have been plugged, according to the state ...

Cairo: bp has successfully completed the drilling activity at the “El King-2” exploration well in the North King Mariout ...

A man from South Shields has completed the challenge of a lifetime, conquering the highest mountain in Africa, Mount ...

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...