(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on ...

An ocean of money and metal - see how $40 billion was poured into rescuing North Sea oil rigs in a jaw-dropping operation. Trump just declared May 8 a national holiday. What’s open and closed?

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

Abstract: Aiming at the problems of high failure rate and difficulty in predicting the failure of oil rig winch during operation, this paper proposes a digital twin model construction method based on ...

allowing for more production with fewer wells and fewer oil rigs. It is unclear whether increased productivity will outpace the declining price of oil and what lower prices will mean for future demand ...

Diamondback Energy trimmed its own full-year production forecast Monday, and said that it expects onshore oil rigs across the entire US industry to drop by almost 10% by the end of the second ...

The number of active US oil rigs has decreased to 479, a decline from the April high of 489. This downward trend is mirrored in fewer well completions, as indicated by a reduced frac spread count.

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future ...

US drillers cut the number of oil rigs operating for the first time in three weeks, data from oilfield services provider Baker Hughes showed. The oil rig count, an early indicator of future output, ...