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US oil/gas rig count falls for fourth month to Oct 2021 low, Baker Hughes says

BOE Report

energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by seven to [Read more]

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

In June 2025, the company lifted its first crude cargo from the newly-constructed facility—the first indigenous onshore terminal constructed in the country in five decades—signaling the start of operations at the terminal. For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency.

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US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says

BOE Report

energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas [Read more]

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Top 8 Takeaways Every Trader Should Know From EVOLVE 2025

Enverus

With inventories hovering near operational minimums and Gulf Coast terminals like Corpus Christi and Houston now dominating export flows, Midland WTI, is stepping into the spotlight frequently even setting Brent pricing. Anthony Macaluso, General Index Cushing is no longer the pricing anchor it once was.

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US drillers cut oil/gas rigs for 7th week to lowest since 2021, Baker Hughes says

BOE Report

energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by [Read more]

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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

At the time, they classified the Canadian operations as among their more expensive, and therefore less profitable, projects worldwide. Suncor operates a 900-tonne truck at its Fort Hills operation north of Fort McMurray, Alberta, which the company says is the world’s largest hydraulic mining shovel.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. Ovintiv (OVV) – Oklahoma (Anadarko Basin) Operations Ovintiv (formerly Encana/Newfield) holds significant acreage in Oklahoma’s STACK/SCOOP (Anadarko Basin).