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energy firms this week cut the number of oil and naturalgasrigsoperating 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]
energy firms cut the number of oil and naturalgasrigsoperating 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 gasrig count, an early indicator of future output, fell by seven to [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for the 12th time in 13 weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell by two to 542 in the week [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for a 10th week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely followed report on Thursday. The oil and gasrig count, an early indicator of future output, fell [Read more]
naturalgas output could fall in coming months, after touching record highs in the second quarter, according to some analysts, setting the stage for prices to rise as demand from new liquefied naturalgas exports and power plants come online.
energy firms this week cut the number of oil and naturalgasrigsoperating for an eighth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating 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 gasrig count, an early indicator of future output, fell by [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for a fourth week in a row, bringing the count to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for the third week in a row for the first time since mid April, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for a fifth week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. It was the first time since September 2023 that the number of rigs declined [Read more]
Patterson-UTI Energy (NASDAQ: PTEN) kicked off 2025 with a steady operational performance, a strategic focus on naturalgas, and an unwavering commitment to drilling innovation. Looking ahead, the company expects an average of 62 rigs to remain under term contracts in Q2 and 35 rigs across the next four quarters.
energy firms this week cut the number of oil and naturalgasrigsoperating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell by one to 592 in the week [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell by one to 592 in the week [Read more]
energy firms this week cut the number of oil and naturalgasrigsoperating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell by three to 584 in the week [Read more]
energy firms this week kept the number of oil and naturalgasrigsoperating unchanged, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, was steady at 592 in the week to March 14.
energy firms this week cut the number of oil and naturalgasrigsoperating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gasrig count, an early indicator of future output, fell by six to 578 in the week to May [Read more]
As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. Chevron Invested heavily in unconventional gas and LNG, particularly in the Gulf of Mexico and the Barnett Shale. Production in the U.S.
The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. Operating cash flow was $2.8 TWh , the same as Q1 2024. Empire Wind in the U.S.).
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