U.S. oil production reached record levels under President Biden, despite lower rig counts compared to previous administrations, highlighting the complex dynamics of the oil industry.

The number of oil rigs in the US increased by one in the week through Thursday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil rose to 481 from 480 ...

The total rig count rose by 1 rig, to 593, according to Baker Hughes, down 36 from this same time last year. The number of oil rigs fell by 2—down by 20 compared to this time last year.

The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly plummeting below $60 per barrel earlier this month. Many in the oil and gas ...

The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on boosting shareholder ...

The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on boosting shareholder ...

I work on an oil rig. It has lonely moments, but every rig I've been on is like a family. As told to Claire Turrell Oil and Gas Drilling Rig over Offshore Platform Getty Oct 10, 2024, 4:58 AM PT ...

Two oil-related positions make our ranking of the top 10 best-paying blue-collar jobs. Oil and gas rotary drill operators pull down an average of $59,560 a year, with the top 10% earning more than ...

Pemex, a Mexican state-run oil company, said 300 workers have been evacuated after the fire broke out on their Abkatun Permanente platform. Pemex said in a statement tonight that no spill occurred.

The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit oil-directed rig count increase leading the way.

EL PASO, Texas (Border Report) – Five Mexican oil workers were robbed and beaten by gun-toting “pirates” on a rig Feb. 14 in the Bay of Campeche, the state-run oil company workers union said.