U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, even as the ...
UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating in the United States. For the three months ended ...
These operators offer drilling rigs (both land-based/onshore and offshore ... at a given time rather than the price of oil or natural gas. Within the industry, it's interesting to note that ...
India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...
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Permian Basin rig count falls to three-year low
Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...
If plans are approved, a 38m high drilling rig could be installed on the site and a ‘proppant squeeze’ project ...
Drilling for hydrocarbons is costly and technically difficult, and its future primarily depends on contracting activity and the total number of available rigs at a given time rather than the price of ...
If plans are approved, a 38m high drilling rig could be installed on the site ... (LDRS): “I strongly believe that the time for natural gas extraction is in the past. “I’ve seen online ...
Prairie Operating Co. started an 11-well development program at the Rusch Pad in Weld County, Colorado. The first well was spud on Apr. 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the ...