US Oil Drilling Activity Slumps As Volatile Prices Spook Markets
The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 1-rig decrease in the week prior.
US Rig Continues to Sag amid Rising U.S. Crude Production
The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 4-rig decrease in each of the two weeks prior.
US Oil Drillers Continue to Back Off On Extended Price Slump
he total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 4-rig decrease last week, and a 3-rig decrease the week before that.
U.S. Crude Production Set For A Decline Amid Low Oil Prices
Earlier in the year, U.S. Treasury Secretary Scott Bessent unveiled his ambitious“3-3-3” plan wherein the Trump administration will target real GDP growth of 3% per year.
The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last week, and a 10-rig decrease the week before that.
Wyoming's Oil Industry Showing Moderate Growth, According To Latest Projections
Oil from shale extracted from Wyoming’s Powder River Basin and Mowry formations still breaks even around $60 a barrel, according to new insights from an energy market research firm.
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC’s highstakes price war is starting to pay off, but Saudi Arabia will need to exert a lot more pain to make a lasting impact on market share.
US Oil Drillers Continue to Pull Back As Prices Bite
The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 10-rig decrease last week, and a 6-rig decrease the week before that.
OPEC must squeeze US shale much more to win oil price war
The rising tide of U.S. oil has long irked the Organization of the Petroleum Exporting Countries, which has seen its market share steadily erode over the past two decades.
Permian Basin drilling slowdown should support oil prices, Goldman Sachs says
A slowdown in drilling activities in the Permian Basin should provide underlying support to crude oil prices, Goldman Sachs said in its most recent energy note this month.
The total number of active drilling rigs for oil and gas in the United States came crashing down this week, according to new data that Baker Hughes published on Friday, following a 6-rig decrease last week.
Slowing Activities in Permian Basin Should Support Oil Price, Goldman Sachs Says -- OPIS
A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its most recent energy note released Monday.
US Oil Drillers Continue To Back Off As Prices Languish Below Breakevens
The total number of active drilling rigs for oil and gas in the United States slipped again this week, according to new data that Baker Hughes published on Friday, following a 6-rig decrease last week.
US Oil Drillers Slow Activity As Prices Hurt, Even in Permian
The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last week.
Earnings call transcript: Chord Energy Q1 2025 misses revenue forecast
Chord Energy Corp (CHRD) reported its first-quarter 2025 earnings, revealing an earnings per share (EPS) of $4.04, which surpassed analyst expectations of $3.38.
he total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide, according to new data that Baker Hughes published on Thursday, following a large 7-rig dip in the prior week.