HOUSTON, May 16 (Reuters) - Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move that is likely to impact output in the third ...
Offshore drilling giant Transocean has missed Wall Street consensus earnings for the second quarter due to a decline in rig utilisation. The driller posted second quarter income of $806 million, or $2 ...
Drilling activity’s decline has reached nine weeks, falling to levels not seen in nearly four years. Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547 ...
Matador Resources (NYSE:MTDR) shares wobble between small gains and losses in Thursday's trading after beating expectations for Q1 adjusted earnings and revenues and announcing a $400M stock buyback ...
The number of total oil and gas drilling rigs in the U.S. dropped by 7 to 547, falling for the ninth consecutive week in the longest series of declines since an 18-week drop in July 2020, Baker Hughes ...
The US drilling rig count dropped 1 unit to reach 592 rigs working for the week, according to Baker Hughes data. March 7, 2025 2 min read The US drilling rig count dropped 1 unit to reach 592 rigs ...
Baker Hughes' final rotary rig count of 2023 showed a notable week on week and year on year drop for North America. Baker Hughes’ final rotary rig count of 2023 showed a notable week on week and year ...