The price of crude oil is steadily declining and in Scotland as in many other countries, this means the abandonment of oil rigs. To disassemble the machines is not just costly, it also might prove to ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas ...

March 14 (Reuters) - U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely ...

Feb 21 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes (BKR.O), opens new tab ...

The oil and gas rig count, an early indicator of future output, rose by four to 592 in the week to February 21. Despite this week's rig increase, Baker Hughes said the total count was still down ...

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The total U.S. rig count is made up of 488 oil rigs, 99 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 530 horizontal rigs, 49 ...

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes said in its closely followed report on Friday.

With 199 rigs running, the count is 8 fewer than the 207 units drilling this week a year ago. The number of oil-directed rigs in Canada fell by 31, bringing the count to 139 rigs for the week.

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...