Rig demand is forecast to average 4,704 between 2025 and 2029, an increase of 18% on the previous five-year period. Global ...

Despite a decline in active drilling rigs over the past two years, “increased rates of production from new completions are offsetting existing wells’ production declines and leading to higher ...

U.S. rig counts have declined by 18% over the past year, limiting drilling activity and dampening ... total number of available rigs at a given time rather than the price of oil or gas.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

I anticipate a similar reaction to today's article, which delves into claims about which presidents were most favorable for oil drilling ... prices back over $100. Although the rig count has ...

The count is down 32 units from the 621 rigs working this time a year ago ... for oil and the number of rigs drilling for gas changed only slightly week over week, gas adding one rig and oil ...