The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes ...

3 Trends Defining the Oil and Gas - Drilling Industry's Future. Supportive Rig Count: Oil and natural gas prices have rebounded sharply, revisiting their multi-year highs due to rising demand ...

U.S. shale producers have added extra drilling rigs much more slowly than during the recoveries that followed the last two oil price slumps, limiting output and helping push local prices to their ...

The total number of active drilling rigs for oil and gas in the United States saw no change week, ... The number of oil rigs fell by 2 this week to 480—down by 24 compared to this time last year.

Check here for weekly updated oil and gas drilling rig counts in the Permian Basin, New Mexico and Texas, reported by Baker Hughes. Feb. 9, 2024. New Mexico added three rigs in the last week for a ...

Rig Count in the Most Prolific Basin. Permian — the most prolific basin in the United States — recorded a weekly oil rig count of 306, lower than a week-ago figure of 309.