"If oil does go into lower $60s or upper $50s, public independents that are already capital disciplined are going to have to cut their budget and cut rigs," said Bryan Sheffield, founder of energy ...

Experience the reasons behind the high salaries of workers on offshore oil rigs, where harsh conditions and demanding work lead to significant financial rewards. These employees endure extreme ...

2-Year U.S. Treasury Note Continuous Contract $103.473-0.020-0.02% 5-Year U.S. Treasury Note Continuous Contract $107.398-0.008-0.01% 10-Year U.S. Treasury Note Continuous Contract $109.750 0.016 ...

Companies struggle to drill profitably below $65 a barrel, and rising input costs further discourage drilling, potentially benefiting OPEC and impacting rig counts. US President Donald Trump moved on ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

(Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm ...

Increased production efficiency counteracted a decrease in the number of active oil rigs, resulting in L48 production increasing 3% last year. Unlike in the L48 states, production in Alaska and ...

The Department of the Interior announced Thursday it would no longer require the Bureau of Land Management to produce an environmental impact statement for thousands of oil and gas leases in seven ...

The latest leak in the Keystone oil pipeline in North Dakota on Tuesday continues the troubled history of the 15-year-old pipeline. The 2,700-mile-long (4,350-kilometer-long) pipeline originates ...

BISMARCK, N.D. — The nearly 2,700-mile Keystone oil pipeline was shut down Tuesday morning after it ruptured in North Dakota, halting the flow of millions of gallons of crude oil from Canada to ...