Though it was small, the U.S. rig count posted its first rise in three weeks. Texas was down slightly, but Midland County ...

U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.

The Midland Basin was up a rig to 102 and is down 16 rigs or 14% from 118 last year. Looking at trailing 30-day permits, the Permian Basin had 698 permits as of the week ended Nov. 1, up from 694 ...

Drilling activity posted its first decline in six weeks during the first week of March. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was down one rig to 592 rigs. That’s ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

Feb 28 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes (BKR.O), opens new tab ...

Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf Coast, traded at a $1.31 premium to U.S. crude futures. That compared to a ...

MIDLAND, Texas — The Sensia Petro-Technical Applications Seminar (SPAS) is revolutionizing technologies in the oil and gas industry. The seminar took place at the Bush Convention Center in ...