Lea County, New Mexico, extended its winning streak to three weeks, gaining one rig to become the most active county in the ...

The number of active oil rigs across the United States has dipped to 537, down two from last week and 48 fewer than this time last year, when the count stood at 585. Texas currently reports 255 active ...

With second-quarter earnings reports coming in, East Daley Analytics has begun reading the tea leaves and already gleaned ...

Drilling activity slipped for the first time in three weeks. Meanwhile Permian Basin drilling activity fell to a three-year low. Oilfield services firm Baker Hughes said Friday its U.S. rig count ...

The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil ...

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

Increasing oil prices are leading to more drilling activity in several major plays in the US, including the prolific Permian basin of west Texas and south-eastern New Mexico. According to a weekly ...

Holding the Permian Basin’s crude oil production at the current level of 6.4 million barrels per day requires companies to pare the number of active drilling rigs by about 10%.

Local News Business In the Pipeline Basin’s oil production goes ever higher Technological advances, disciplined approach lead to record ...