U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time ...

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 ...

Oilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

T he number of United States oil and natural gas rigs dropped by 157, or about one-fifth, in 2023, according to new data released Friday by energy services firm Baker Hughes, reversing course ...

Though the total decline is the biggest single-week drop since February, Baker Hughes noted that the U.S. rig count is still up by 43 rigs, or 6%, compared to the same point in 2022.

Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and ...