U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker ...

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...

Used to rotate the drill string during the drilling process, the top drive is a motor that is suspended from the derrick, or mast, of the rig. These power swivels boast at least 1,000 horsepower ...

In the Permian Basin, the largest oil-producing shale basin in the U.S. located in West Texas and eastern New Mexico, the rig count dropped by six to 298 in the week leading up to January 24. This ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely ...