Trump orders restart of oil drilling off California coast
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OilPrice.com on MSN
US drillers add oil, gas rigs as Brent tops $100 for first time in years
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday,
The federal government received no bids Wednesday in what it called the “Big Beautiful Cook Inlet Oil and Gas Lease Sale.” It was the first of six auctions for offshore Cook I
The Drilling Rig Market is poised to grow from USD 86.92 billion in 2025 to USD 140.75 billion by 2033, recording a CAGR of 6.21%. Key drivers include rising energy demand, offshore exploration, and technological advancements.
OilPrice.com on MSN
US Drillers Add Oil Rigs as WTI Jumps 14%
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 551 this week,
The US drilling rig count climbed 5 units during the week ended Dec. 5 to reach a total of 527 rotary rigs working, Baker Hughes Inc. reported. Land-based drilling was up 3 units from a week ago to 527 rigs working. The offshore rig count gained a single ...
It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts.” The following day, November 22, Newsday ran ...
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like NE, RIG and NBR.
Despite a year-over-year decline, the North American drilling rig count increased by 7 this week, reaching 725. Oil rigs in Canada increased by 3, while the US added 2 oil-directed rigs. The drilling rig count in North America increased during the week ...
The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 544 this week, down 32 from this same time last year.
Midland Reporter-Telegram on MSN
Oil producers turning to hedges, not rigs, amid price spike
War on Iran shuts Hormuz; Brent could hit $150 soon, with $200 possible by 2026, as producers hedge and rig counts stay flat.
Q4 2025 earnings call: doubled reserves, $0.53/unit payout, 2026 drilling shift, debt cuts & gas/oil outlook—read now.