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The current rules were written for a different era” The AmericanPetroleumInstitute welcomed the proposal. Interior Secretary Doug Burgum commented, “This is about common sense and catching up with today’s technology.
Brent Crude $66.90 +0.65% NaturalGas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Drops More Rigs by Andreas Exarheas | Rigzone Staff | Monday, June 09, 2025 | 10:13 AM EST North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Continental Resources produced 639,733 barrels of oil equivalent per day (boepd) in 2024, and had a well count of 5,055 and 21 active rigs, the complete list revealed. In 2023, Continental Resources ranked first, Mewbourne Oil was fourth, Aethon Energy was third, Ascent Resources LLC was second, and Hilcorp was sixth, the list highlighted.
oil and gas rigs decreased by one to 554 this week, according to Baker Hughes” “Oil focused rigs decreased by one to 438 rigs, after losing three rigs last week. Naturalgas-focused rigs decreased by two to 111 rigs, following an increase of one rig week over week last week,” they added.
oil and gas rigs decreased by two to 547 this week, according to Baker Hughes” “Oil focused rigs decreased by one to 424 rigs, after losing seven rigs last week. Naturalgas focused rigs remained unchanged at 109 rigs, following a decrease of one rig week over week last week,” they added.
to settle above $67 a barrel after Trump said he had reached a pact with the Southeast Asian nation that eliminated the nation’s import tariff on US goods. million barrels. a barrel in New York. West Texas Intermediate rose 3.1% Oil Prices WTI for August delivery rose 3.1% to settle at $67.45 What do you think?
to around $74 a barrel after White House Press Secretary Karoline Leavitt made the comments on Trump’s timeline for the decision at a White House press briefing. a barrel at 3:06 p.m. West Texas Intermediate’s more-active August futures were up 0.5% Oil Prices WTI for July delivery, which expires on Friday, was up 0.9%
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