Fall In Number Of Us Oil Rigs Speeds Up

Companies adjust to the latest slump in price of crude

BING NEWS:
  • As Saigon fell 49 years ago, my father flew us onto the USS Midway in a fraught escape
    April 30 marks 49 years since the fall of Saigon. This is how a Vietnamese air force pilot evacuated his family and two dozen other refugees.
    04/27/2024 - 10:06 pm | View Link
  • Oil Rig Count Falls by 5 This Week, Baker Hughes Says
    The number of oil rigs operating in the US decreased by five this week, according to data compiled by energy services company Baker Hughes (BKR). The weekly count for oil dropped to 506 from 511, ...
    04/26/2024 - 8:46 am | View Link
  • U.S. Oil And Gas Production Are Ahead Of Last Year’s Record Pace
    Last year marked a record for U.S. oil production with daily production of 12.93 million barrels per day (BPD). This year, production is running ahead of that pace.
    04/26/2024 - 7:33 am | View Link
  • U.S. drilling rigs resume downturn; oil rig usage drops most in five months
    Drilling rigs targeting crude oil in the U.S. fell by 5 this week to 506, the oil count's sharpest slide since early November and 85 rigs fewer than a year ago, while gas rigs dropped by 1 to 105, ...
    04/26/2024 - 7:15 am | View Link
  • 3 Potential Opportunities in the Oil & Gas Drilling Industry
    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 ...
    04/25/2024 - 2:46 am | View Link
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