Engineering Oil Technician 
Oil Gas Leads
JUNE 9, 2025
Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. June 9, 2025 U.S. Several major basins, including the Permian and Eagle Ford, recorded new lows. Here is a summary of the U.S.
Oil Gas Leads
APRIL 14, 2025
oil and gas sector faced a notable setback this week as the national rig count dropped by seven, bringing the total to 583 active rigsthe lowest level since early 2022. According to the latest Baker Hughes report, oil rigs experienced the steepest single-week decline since June 2023, falling by nine to 480. oil-producing region.
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Oil Gas Leads
JUNE 2, 2025
Oil rigs led the decline, while natural gas rigs posted a slight gain. June 2, 2025 The U.S. rig count continued its downward trend last week, dropping by 3 rigs to 563 the lowest level since November 2021. Oklahoma and the Marcellus/Utica region saw notable shifts, with mixed results across other key producing states.
Oil Gas Leads
MARCH 17, 2025
oil and gas rig count remained unchanged this week at 592 , according to the latest Baker Hughes report. While oil-directed rigs increased by 1 to 487 , gas rigs declined by 1 to 100 , reflecting a cautious drilling environment amid shifting market dynamics. March 17, 2025 The U.S. Meanwhile, the EIA projects record-high U.S.
Iraq Business News: Oil & Gas
MAY 1, 2025
Iraq'sMinistry of Oil has signed an addendum to the contract for the development of the East Baghdad (South) oil field with EBS Petroleum. Additionally, the agreement covers the construction of four oil storage tanks, two with a capacity of 10,000 cubic metres and two at 3,000 cubic metres. By John Lee.
Egypt Oil & Gas
APRIL 20, 2025
This is expected to add about 7,500 barrels per day (bbl/d) and increase the total production of Ras Gharib fields to 9,000 bbl/d, driven by the efforts of GPCs engineers and technicians. The post GPC Operates Modern Drilling Rigs in Eastern Desert, To Drill 75 Oil Wells in One Year first appeared on Egypt Oil & Gas.
Oil Gas Leads
MARCH 31, 2025
oil and gas rig count dipped slightly this week, falling by one to a total of 592 active rigs, according to the latest data from Baker Hughes. Notably, the Permian BasinAmericas top oil-producing regionsaw a drop of three rigs, bringing its total to the lowest level since February 2022. March 31, 2025 The U.S.
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