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U.S. Dept. of Interior urged to fully leverage offshore energy resources

Oil & Gas 360º

(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. offshore production accounts for 14% of total U.S.

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US DOI Proposes Easing Regulations on Onshore Commingled Production

Rigzone

The current rules were written for a different era” The American Petroleum Institute welcomed the proposal. Over 30 years, commingling improves oil recovery by 61 percent, and by 21 percent over 50 years, according to the study published September 2023 in the Energy Exploration & Exploitation journal.

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North America Drops More Rigs

Rigzone

Brent Crude $66.90 +0.65% Natural Gas $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. Of the total U.S.

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North America Rig Count Stays Flat

Rigzone

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Rig Count Stays Flat by Andreas Exarheas | Rigzone Staff | Tuesday, June 24, 2025 | 10:11 AM EST The total North America rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig count. and 139 rigs from Canada, the count outlined.

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U.S. Senate’s passage of OBBBA a ‘win for American energy,’ say industry reps

Oil & Gas 360º

(World Oil) – The U.S. oil and gas industry. “We We applaud the Senate for passing the One Big Beautiful Bill to bolster America’s energy advantage and support economic growth,” said American Petroleum Institute (API) President and CEO Mike Sommers. ’ U.S.

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April 2023 OPEC+ Tranche 'Next in Focus', Analysts Say

Rigzone

The Standard Chartered Bank analysts went on to note in the report that that “perhaps most critical to the oil balance over the next few quarters will be faltering non-OPEC+ supply growth” “It is earnings season for U.S. onshore oil production had peaked, and that it would begin to decline this quarter,” they added.

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North America Loses Rigs Week on Week

Rigzone

rig count of 547, 533 rigs are categorized as land rigs, 12 are categorized as offshore rigs, and two are categorized as inland water rigs. rig count is made up of 432 oil rigs, 109 gas rigs, and six miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. Although the U.S. Of the total U.S.