There's no denying just what a time commitment working on an oil rig can be, nor how isolated one might feel while doing so. The latter in particular comes with the territory at times: The Perdido ...

Starting with the Baker Hughes oil rig count last Friday which showcased a decrease in the number of active oil rigs in the US, which tends to be a bearish sign for oil prices. Specifically ...

Of the major oil and gas-producing states, four saw rig counts drop. New Mexico, Oklahoma, Ohio, and West Virginia each dropped a single unit to reach respective counts of 91, 52, 11, and 7.

The total U.S. rig count is made up of 473 oil rigs, 100 gas rigs, and three miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 520 horizontal ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.

A helicopter blade narrowly missed an oil rig worker after it broke whilst they tried to secure the aircraft to a helipad during high winds, an investigation has found. The Airbus H175 helicopter ...

Consolidation among GCC banks may gain momentum if lower oil prices add to competitive pressure in the region, Fitch Ratings said in a recent report. It added that sustained lower oil prices and ...

Natural gas up 5%, nears trigger point for rally on talk of output cuts By Investing.com - May 15, 2023 3 Investing.com -- Talk of output cuts is beginning to influence trading in U.S. natural gas ...

Two more people have died from injuries sustained in a fire at an oil rig off Angola, the country’s oil regulator said Tuesday, raising the toll to three. The fire broke out last week at the platform ...

Drilling activity continues to decline as operators reduce their plans amid lower oil prices. Baker Hughes said Friday its U.S. rig count fell two rigs to 576 rigs for the week, the third ...