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Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Oil Gas Leads

Capex trends : E&Ps to cut spending 3% in 2025 vs. 2024 2024: Flat spending 2023: +27%, 2022: +40%, 2021: +4% Crude Output Forecast (EIA) : 2024: 13.2 Capex trends : E&Ps to cut spending 3% in 2025 vs. 2024 2024: Flat spending 2023: +27%, 2022: +40%, 2021: +4% Crude Output Forecast (EIA) : 2024: 13.2

Gas 52
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Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

Oil Gas Leads

May 19, 2025 As the U.S. oil and gas sector continues to navigate price volatility and capital discipline, the latest Baker Hughes rig count highlights a steady decline in drilling activity even as production forecasts remain bullish. Operators are leaning on efficiency gains and strategic capital deployment to sustain output with fewer rigs.

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MADE IN AMERICA: U.S.-Built Offshore Wind Substation and Support Vessels Start to Set Sail for Federal Waters

The Energy Law

On April 14, 2022, in the wake of the Garamendi Amendment, the Department of Homeland Security’s U.S. Once completed, ECO Edison will house 60 American wind turbine technicians as they work offshore servicing and maintaining the Revolution, Sunrise, and South Fork Wind projects. On May 25, 2023, the Nation’s first U.S.-built

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Will embodied AI create robotic coworkers?

McKinsey

General-purpose robotics funding grew fivefold from 2022 to 2024, surpassing $1 billion in annual investment, with leading start-ups such as Figure AI, Skild AI, and Agility Robotics raising hundreds of millions of dollars. Patent filings have also surged, with a 40 percent CAGR in volume since 2022. Why the excitement?