The number of oil rigs operating in the United States fell by seven to 425 in the week ending July 4, marking a new cycle low ...

Oilfield services firm Baker Hughes said its weekly U.S. rig count fell eight rigs to 539 rigs, the lowest level since ...

The company has built upon 15-year-old MIT technology. Startup makes seismic breakthrough that could change the way we drill for energy: 'It's mind-boggling' first appeared on The Cool Down.

Equinor started production at the Johan Castberg in March this year. On June 17, the field reached its plateau production of ...

Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

It was only after day shift workers started the next day and noticed the trend data and lack of output that Third Coast started to shut down the pipeline, around 6:30 a.m. It was fully shut down by 9 ...

If you haven’t been following what’s happening with the Smackover Formation, you might want to start. It could be a very big ...

Discovered in 1968, Prudhoe Bay has produced more than 13 billion barrels of oil and remains a cornerstone of U.S. energy infrastructure. The field is currently operated by Hilcorp, the largest ...

Well-supplied markets and weakening demand for crude concern American drillers.

But under the Biden administration, that proud legacy came under attack. Washington’s left-wing climate crusade, disguised as “green investments,” has punished traditional energy, driven costs up for ...

What's more, outsize bets on the direction for oil linked to the outcome of the Iran war are frustrated by numerous binary ...