Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...

Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

Meanwhile, the natural gas production index also improved from -3.5 to 4.8. U.S. oil rig count gained one to 487 according to the latest Baker-Hughes survey ... rigs while the Midland Basin ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

Oilfield services firm Baker Hughes said Friday its U.S. rig count ... since May 2023 and the lowest level since September 2024. Texas followed the national trend, falling three rigs to 277 ...

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Baker Hughes launched a joint technology program Petrobras to solve stress corrosion cracking due to CO2 in flexible pipe systems. Energy technology major Baker Hughes Co. has launched a joint ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

Canada dropped 19 rigs for the week ended Mar. 21, according to Baker Hughes data ... The rig count in Texas fell the week ended Mar. 21 by 1 unit to reach 280 rigs working.